With More Than $1 Billion in Transactions Completed, Sunbit Ushers In a New Era
Summary
Sunbit, the company building financial technology for everyday expenses, announced that it has expanded beyond point-of-sale lending with the introduction of a new, next-generation credit card. They’re already budgeting and making these transaction-based adjustments across various payment and financing methods; we’re making it much easier and more efficient for them.” With the Sunbit Card, consumers can add or remove individual transactions from a pay-over-time payment plan within a billing cycle—again, with no fees other than interest—providing budgeting flexibility and financial controls, all via a convenient, centralized app. The company has already expanded to nearly 14,000 locations in 46 states, with consumers using the technology to pay for services such as dental care, eyewear, and auto repair. The development of the Sunbit Card is a natural extension of the company’s commitment to helping consumers pay for what they need so they can focus on the important things in life. “Sunbit uses cutting-edge technology, leveraging artificial intelligence and machine learning, to 10X the best parts of financial services products that came before us,” said Arad Levertov.
Funding
Review available funding amount, funding date, investors, and linked company information related to With More Than $1 Billion in Transactions Completed, Sunbit Ushers In a New Era in the interactive ISVWorld profile.