Unit Finance

Banking Service Integration for Tech Companies

Fintech & Insurtech
Active
Series C Tel Aviv-Yafo Founded 2019
Total raised
$169.6M
Last: Series C 2022-05
Stage
Series C
Founded
2019
Headcount
263
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech

About

Unit Finance's platform lets third parties integrate banking services like payment cards, checking accounts, cash advances, and money transfers into their own businesses using an API.

Funding history · 4 rounds · $169.6M total

2022-05
Series C $100.0M
2021-06
Series B $51.0M
2020-12
Series A $18.6M
2019-12
Seed Undisclosed

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

What is Unit Finance's primary business offering?
Unit Finance provides a platform that allows third parties to integrate banking services, such as payment cards, checking accounts, cash advances, and money transfers, into their own businesses using an API.
When was Unit Finance founded?
Unit Finance was founded in October 2019.
What was Unit Finance's most recent funding round?
Unit Finance completed a Series C funding round in May 2022, raising $100 million. Insight Partners was a lead investor in this round.
What was the total amount of funding raised by Unit Finance?
Unit Finance has raised a total of $169.6 million across all funding rounds. For a full financing history, users can refer to startupim.
How many employees does Unit Finance currently have?
Unit Finance currently has 263 employees.
Did Unit Finance experience any layoffs in 2024?
Yes, in June 2024, Unit Finance laid off 15% of its workforce, as reported by CTech and TechCrunch.
Where are Unit Finance's headquarters located?
Unit Finance's headquarters are located in Tel Aviv-Yafo, Israel, with an additional office in San Francisco, CA, USA.
Which investor led Unit Finance's Series B funding round?
Accel led Unit Finance's Series B funding round in June 2021.
What is Unit Finance's primary sector classification?
Unit Finance's primary sector classification is Fintech & Insurtech.

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechFinancial Operations Software
Technologies
Data StorageCDNPlatforms & InterfacesAPI
Target customers
Enterprise & Professional ServicesService ProvidersEnterprisesSMBs & SMEsFinancial ServicesFinancial Products
Business model
B2B

Tags

unicorn-2022open-bankingfintech