![Unit](https://storage.googleapis.com/dealroom-images-production/29/MTAwOjEwMDpjb21wYW55QHMzLWV1LXdlc3QtMS5hbWF6b25hd3MuY29tL2RlYWxyb29tLWltYWdlcy8yMDI0LzA2LzIzLzZkMzdhNWI4ODk1M2U4MjMyNDgxOWU5NWNiZWYwOTU1.png)
Unit
VerifiedUSD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 157 % | 43 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Date | Investors | Amount | Round |
---|---|---|---|
- | 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 Funding | 000k |
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EditUnit.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.