Unit

Unit

Verified
Helps tech companies build financial features into their products: accounts, cards, payments, lending, and more. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$1.2b (Public information from May 2022)
New York City New York (HQ), Tel Aviv-Yafo Tel Aviv District (founding location)

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-157 %43 %
EBITDA000000000000
Profit000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor

$0.0

round
investor investor

$0.0

round
investor investor investor investor investor

$0.0

round
investor investor investor investor investor

$0.0

round
*

$100m

Valuation: $1.2b

Series C
Total Funding000k

Recent News about Unit

Edit
More about Unitinfo icon
Edit

Unit.co is a financial technology startup that provides a platform for tech companies to integrate banking and lending services into their products. The company's primary market is tech companies looking to enhance their product offerings and increase customer retention by incorporating financial features.

Unit.co's business model is centered around its white-label app, which allows companies to embed banking and lending services into their products with just one line of code. This platform simplifies the process of integrating financial services, handling compliance, bank partnerships, and technical integration, allowing companies to launch their enhanced products faster.

The company generates revenue through interest on deposits, interchange on card swipes, and other financial transactions made through its platform. By integrating Unit.co's services, companies can increase their revenue per user by up to 5 times and retain customers at a rate 6 times higher than without these financial features. Additionally, the platform can help companies reduce their customer acquisition costs by 50% by offering a more differentiated product.

Unit.co's platform is designed for scalability and growth, with customizable API, SDKs, and third-party integrations. It's a trusted platform used by startups, leading brands, and publicly-traded companies, offering a fast, reliable, and secure way to offer financial services.

Keywords: Financial Technology, White-Label App, Banking Integration, Lending Services, Tech Companies, Customer Retention, Revenue Generation, Compliance Simplification, Scalability, Secure Platform.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.