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Sunbit
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Sunbit

http://www.sunbit.com/
Last activity: 18.08.2025
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Categories: PersonalProductServiceTechnologyE-commerceFastFinTechLifeLocalOnline
Sunbit is the preferred buy now, pay-over-time technology of service providers and retailers fulfilling the needs of thousands of local communities. Sunbit eases the stress of buying everyday needs by offering access to fast, fair, and transparent payment options to people from all walks of life. Sunbit technology is offered in-store and online through more than 7000 locations, including 1 in 5 auto dealership service centers, optical practices, dentist offices, and specialty health care services.

View our privacy policy here: https://sunbit.com/consumer_privacy/. Financing offered is made by Transportation Alliance Bank, Inc., dba TAB Bank, which determines qualifications and terms of credit.
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Mentions
67
Persons
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Location: United States, California, Los Angeles
Employees: 201-500
Phone: +1 855-678-6248
Total raised: $606M
Valuation: $1.1B
Founded date: 2016
Founders name: Tal Riesenfeld; Arad Levertov; Ornit Dweck-Maizel
Founders Related Locations: Haiti, Centre, Hinche; United States, California, Los Angeles; Peru, Lima, San Juan de Lurigancho; United States

Investors 6

Funding Rounds 4

DateSeriesAmountInvestors
18.08.2025-$200M-
08.12.2022-$250M-
20.05.2021Series D$130MAltaIR Cap...
12.06.2019Series B$26M-

Persons 3

DateFirst NameLast NameTitleLinkedInLocation
-TalRiesenfeldHead of Sa...linkedin.c...United Sta...
-AradLevertovCEO (Co-Fo...linkedin.c...Peru, Lima...
-OrnitDweck-Maiz...CTO (Co-F...linkedin.c...-

Mentions in press and media 67

DateTitleDescription
18.08.2025Sunbit Lands $200 Million ABS Milestone Sunbit’s niche-
18.11.2024Sunbit Raises $355 Million Debt Facility-
09.11.2024The Rise of Confidential Computing: Arcium's Bold Move with InpherIn the digital age, data is the new oil. But unlike oil, data is fragile. It needs protection. Enter confidential computing, a game-changer in the realm of data security. Recently, Arcium made headlines by acquiring Inpher, a pioneer in thi...
08.11.2024Sunbit: $355 Million Debt Warehouse Facility ClosedSunbit, a company building financial technology for real life, announced today that it closed a $355 million debt warehouse facility led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management. This marks Sunbit’s second debt wareho...
28.06.2023Sunbit's point-of-sale technology is now available in more than 20,000 brick-and-mortar service providers in the USPoint-of-sale technology is now available in more than 20,000 brick-and-mortar locations in the US Offering access to a fair, accessible, and no fee pay-over-time option that stands to benefit virtually everyone is an enormous responsibilit...
21.06.2023Hyundai Motor America chooses Sunbit as its preferred financing technology partnerDave VandeLinde, vice president after-sales, Hyundai Motor America, “Because it greatly contributes to better customer service and loyalty, we are very excited about the future of this partnership and the opportunity it provides for our cus...
05.06.2023Audi of America selects Sunbit as a preferred vendor for dealer service financingAudi of America has chosen Sunbit as a preferred vendor for consumer financing solutions, the technology has already been implemented in more than one-third of all Audi dealerships. “While this is the culmination of a long-term, thoughtful ...
25.05.2023Sunbit’s market expansion in dental continues in 2023; dental practices report significant revenue lift, increased patient satisfactionIn the first quarter of 2023, Sunbit was added to more than 1,000 practices across the US, with 57,000 loans served, representing a $82.5 million lift in dental production. "We were immediately impressed...Sunbit helps us serve virtual...
30.03.2023Driven by success Sunbit expands into auto dealership finance and insurance departmentsSunbit’s pay-over-time technology brings true 0% APR to F&I customers, with no chargebacks Since 2016 we’ve worked side-by-side with dealerships to offer their service drive customers the best possible consumer financing. From day one G...
18.01.2023Sunbit surveys 500+ dealerships on consumer financing for the service driveBased on Sunbit’s proprietary data, when customers are approved for financing, the RO is executed more than 70% of the time and nearly doubles in value. LOS ANGELES (PRWEB) January 18, 2023 Sunbit, the company building financial technology ...
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