Unit logo

Unit Finance, Inc.

Fintech

Unit Stock

Unit is a leading embedded finance platform that enables businesses to offer banking, payments, and lending services within their products. By simplifying compliance, bank partnerships, and technical integration, Unit helps companies quickly launch financial features, unlocking new revenue streams and enhancing customer satisfaction.

Founded: 2019

Unit Website

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Unit Company Overview

Founded to revolutionize the fintech landscape, Unit offers an advanced embedded finance platform designed to help businesses integrate banking services seamlessly into their products. The platform supports various financial services, including FDIC-insured bank accounts, payment processing, and lending solutions such as credit cards and term loans. Unit's flexible APIs and no-code/low-code tools allow businesses to customize and deploy financial features quickly, minimizing the need for extensive engineering resources. Unit partners with leading banks to ensure compliance and security, providing a reliable infrastructure that supports over one million users and processes billions in payments annually. Its offerings cater to a diverse range of clients, from tech startups to large public companies, enabling them to create more engaging and differentiated products. By incorporating Unit's financial services, companies can increase revenue through interest on deposits and card transactions, reduce customer acquisition costs, and enhance customer retention. Unit’s founders envisioned a platform that simplifies the complexity of launching financial services, making it accessible to businesses of all sizes. Their innovative approach has positioned Unit as a trusted partner in the embedded finance industry, empowering businesses to offer comprehensive banking solutions that drive growth and customer loyalty.

Management Team

Itai Damti Co-Founder, CEO
Doron Somech Co-Founder, CTO
Amanda Swoverland CCO
Alex Acree JD CLO

Funding Information