Unit Finance
Banking Service Integration for Tech Companies
Startup C Fintech & Insurtech Est. 2019
Total Raised
$169.6M
C
Last Round
$100M
4 rounds
Investors
10
10 public
Team
2
201-500 employees
Confidence
81/100
News
8
articles
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.
Classification
Sector
Fintech & InsurtechFinancial Operations Software
Core Technology
Data StorageCDNPlatforms & InterfacesAPI
Target Customer
Enterprise & Professional ServicesService ProvidersEnterprisesSMBs & SMEsFinancial ServicesFinancial Products
Business Model
B2B
Tags
unicorn-2022open-bankingfintech
Funding & Events
May 2022
C Round $100M
Insight Partners (Lead), Better Tomorrow Ventures, Aleph, StepStone Group, Moving Capital , Flourish Ventures, Accel, TLV Partners
Jun 2021
B Round $51M
Accel (Lead), Aleph, Better Tomorrow Ventures, TLV Partners, Flourish Ventures
Dec 2020
A Round $18.6M
Flourish Ventures, Aleph, TLV Partners, Operator Partners, Better Tomorrow Ventures
Dec 2019
Seed Undisclosed
Adi Levanon
News (8)
Aug 13, 2025 · en.globes.co.il
growth-positive
Wix enters banking as AI threatens core business
Partners
Jun 19, 2024 · www.themarker.com
growth-negative
יוניקורן הפינטק יוניט קיצץ 15% מעובדיו
Layoffs
Jun 19, 2024 · www.calcalistech.com
Growth-Negative
Fintech unicorn Unit lays off 15% of workforce | CTech
LayoffsInvestment
Jun 18, 2024 · techcrunch.com
growth-negative
Unit and Loop lay off staff and Brex ditches co-CEO model | TechCrunch
LayoffsManagement ChangesPartnersAcquisitionInvestment
Apr 11, 2023 · officesnapshots.com
growth-positive
Unit Offices - Tel Aviv | Office Snapshots
Expand
May 17, 2022 · www.calcalistech.com
growth-positive
Unit raises $100 million Series C at $1.2 billion valuation for banking-as-a-service platform CTech
InvestmentExpand
Jun 17, 2021 · www.calcalistech.com
growth-positive
Banking-as-a-Service startup Unit announces $51 million Series B led by Accel
InvestmentExpand
Dec 8, 2020 · techcrunch.com
growth-positive
Unit raises $18.6M to offer banking features as a service
InvestmentExpand
Details
Product Stage
Released
Employees
201-500
Exact Count
263
District
Center District
Founded
2019
Registrar
516205895
Crunchbase
unit
Locations
Menachem Begin St 152, Tel Aviv-Yafo, Israel
San Francisco, CA, USA
Links
Website
LinkedIn
Twitter
Careers
Admin
Last Update
Feb 20, 2025
Verified by
Jenny Sotnik-Talisman
Missing
description, video or image, markets, not claimed
Team (2)
Itai Damti
Co-founder & CEO
Founder
Doron Somech
Co-founder & CTO
Founder
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2020-12-10T00:00:00.000Z
Last editor
Jenny Sotnik-Talisman (jenny.sotnik@sncentral.org)