Sunbit Stock
| Valuation | $1.1B1 |
| Valuation Date | May 20, 2021 |
| Implied Valuation | n/a |
| Last Price | $24.24 |
| 52-Week High | $27.12 |
| 52-Week Low | $23.73 |
| YTD Return | -4.11% |
| 1-Year Return | -4.11% |
| 3-Year Return | n/a |
| Total Funding | $214.99M2 |
| Latest Round Amount | $130M1 |
| Latest Round | Series D |
| Funding Rounds | 5 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | $343M3 |
| Revenue Type | 2025 |
| P/S Ratio | 3.2 |
About Sunbit
Sunbit is a financial technology company that offers point-of-sale financing for everyday in-person services such as auto repair, dental care, veterinary visits and eyewear. Customers apply in about 30 seconds with a soft credit check, and roughly 90% are approved for payment plans ranging from $50 to $20,000. The company also issues no-fee co-branded credit cards for retailers like Ollie's Bargain Outlet, with all loans made by its bank partner TAB Bank. Sunbit makes money by charging merchants a fee on each transaction and by earning interest on its loans and cards. Its financing is offered in more than 60% of US auto dealership service centers and it is the second-largest dental patient financing provider.
Invest in Sunbit
Sunbit is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Hiive.
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News
Collectly partners with Sunbit to embed instant patient financing
Collectly integrated Sunbit financing into pre-service and post-service healthcare workflows so patients can see estimated costs and access 0%-interest payment options during intake or billing.
Collectly partners with Sunbit to embed patient financing
Healthcare payments platform Collectly integrated Sunbit's instant financing into pre-service and post-service patient workflows with 0% interest options and high approval rates.
Collectly Partners with Sunbit to Bring Instant Financing to the Patient Experience
Collectly announced a platform partnership with Sunbit that embeds instant patient financing directly into its pre-service and post-service healthcare payment workflows. Existing Collectly customers c...
CCC ONE integrates Sunbit financing for collision repair shops
CCC Intelligent Solutions added Sunbit consumer financing inside CCC ONE so repair shops can offer flexible payment options for out-of-pocket and deductible costs at the point of repair.
Sunbit Launches on Stripe, Unlocking Flexible Financing for In-Person Service Businesses Nationwide
LOS ANGELES--(BUSINESS WIRE)--Sunbit, the leading financial technology company building solutions for real life, today announced general availability on Stripe, making its consumer financing for in-pe...
Health iPASS and Sunbit Partner to Expand Patient Financing Access and Accelerate Healthcare Collections
Health iPASS announced a strategic partnership with Sunbit that embeds its patient financing into all Health iPASS payment workflows, covering pre-visit, point-of-service and post-visit payment intera...
Sunbit ranks on Inc. 2026 Pacific list of fastest-growing private companies
Sunbit was named to Inc.'s 2026 Pacific Regionals list recognizing among the fastest-growing privately held companies in California, Oregon, Washington, Hawaii, and Alaska.
Sunbit Targets $460M Revenue in 2026 MT Newswires Interview
CEO Arad Levertov told MT Newswires Sunbit targets roughly $460 million in 2026 revenue with 30% growth, following sustained profitability and national rollout on Stripe.
Sunbit named to 2026 Forbes Fintech 50 for third consecutive year
Sunbit earned its third straight spot on the Forbes Fintech 50 list, highlighting its AI-native lending technology and profitable growth in BNPL and co-branded credit cards.
Sunbit Earns Spot on the 2026 Forbes Fintech 50, Cementing Its Leadership
Sunbit was named to the 2026 Forbes Fintech 50 list for the third consecutive year, recognized for its AI-native consumer lending technology powering co-branded credit cards and in-person buy now, pay...
Sunbit Appoints Shai Terem as Chief Financial Officer to Support Next Stage of Growth
LOS ANGELES--(BUSINESS WIRE)-- #BNPL--Sunbit, the company building financial technology for real life, today announced the appointment of Shai Terem as Chief Financial Officer. Terem brings more than ...
Sunbit Completes Inaugural $200 million ABS Transaction
Sunbit completed its first asset-backed securitization, a $200 million notes offering led by Citi that achieved a AA rating for the senior tranche. The company reported positive operating income for t...
Sunbit CEO Arad Levertov wins EY Entrepreneur Of The Year Greater LA
EY named Sunbit CEO and co-founder Arad Levertov an Entrepreneur Of The Year 2025 Greater Los Angeles award winner for building in-person BNPL and credit products.
Inside Sunbit's Mission To Bring Buy Now, Pay Later To Your Auto Mechanic And Dentist
Forbes reports that Sunbit raised $355 million in new debt financing led by JPMorgan Chase, Mizuho and Waterfall Asset Management. The company expected revenue of $260 million in 2024, up from $198 mi...
Sunbit Partners with Stripe to Bring Buy Now, Pay Later to More In-Person Services
Sunbit announced a strategic embedded-finance partnership with Stripe, letting merchants processing payments on Stripe offer Sunbit pay-over-time financing across healthcare, home services, automotive...
Ollie's Partners with Sunbit to Offer a New Co-Branded Visa Credit Card
~ Credit Card Program to Provide Rewards and Benefits for Purchases Made at Ollie's and Wherever Visa is Accepted ~ ~ Credit Card Program to Provide Rewards and Benefits for Purchases Made at Ollie's ...
Sunbit Closes $310M Debt Warehouse Facility with Citi and Ares Management
LOS ANGELES--(BUSINESS WIRE)--Sunbit, the company building financial technology for everyday expenses, announced today that it closed a $310 million debt warehouse facility led by Citi and Ares Manage...
Weave, Sunbit Team to Bring BNPL to Small Healthcare Providers
Small-business customer communications platform Weave on Wednesday (May 25) inked a multiyear deal to integrate with buy now, pay later (BNPL) technology portal Sunbit to provide U.S. healthcare pract...
Weave, Sunbit Partner to Bring Buy Now, Pay Later Options to Small Healthcare Practices
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), the all-in-one customer communication platform for small business, has signed a multi-year integration partnership with Sunbit, the preferred buy now, ...
Sunbit secures unicorn status with a $130M Series D round and $1.1B valuation
Sunbit announced a $130 million Series D round led by Group 11, valuing the buy now, pay later company at $1.1 billion. New investors included Migdal Insurance, Harel Group, AltaIR Capital and More In...