Sunbit is one of the later entrants to the buy now pay later app market but the company is certainly making up for lost time! As well as offering a next generation no fee credit card, the company’s buy now pay later app can be used in around 14,000 service locations. Introduced as a means of reducing stress for consumers, the company makes full use of both artificial intelligence, and the latest technology, to instigate automatic money-laundering checks. While the company has much to offer, for many it is the use of the latest cutting-edge technology which makes it stand out from the rest. Based in the US, it should be relatively easy to roll out the Sunbit buy now pay later to many countries around the world.
Company name: Sunbit
Website: http://sunbit.com/
Target market: Merchants
Founded: 2016
Founders: Arad Levertov, Ornit Dweck-Maizel, Tal Riesenfeld, Tamir Hazan
Funds raised: $210m
Location: Los Angeles, California, United States
Type of company: Private
Status: Active
Contact email: support@sunbit.com
