unit

Banking as a Service Faces ‘Slowdown’ as FIs Wait for Regulatory Clarity
Banking as a Service Faces ‘Slowdown’ as FIs Wait for Regulatory Clarity
June 21, 2024  |  Bank Regulation

For the banking as a service (BaaS) firms, the Synapse bankruptcy, the cease-and-desist order against Evolve, and the wait for regulatory clarity are all proving...

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APIs Turn Businesses Into Banking Services Providers in Weeks
APIs Turn Businesses Into Banking Services Providers in Weeks
January 09, 2023  |  API

Macro headwinds aside, embedded finance is poised for long-term growth. Itai Damti, CEO of the Banking-as-a-Service platform (BaaS) Unit, told PYMNTS that BaaS and embedded...

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Thread Bank, Unit Collaborate to Expand Banking-as-a-Service
Thread Bank, Unit Collaborate to Expand Banking-as-a-Service
August 10, 2022  |  Partnerships

Banking-as-a-Service (BaaS) platform Unit has teamed up with digital-first bank Thread Bank to allow companies to embed banking services into their products. According to a...

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This Week in Payments: Developers, Banks, Businesses Pursue Embedded Payments Innovations
This Week in Payments: Developers, Banks, Businesses Pursue Embedded Payments Innovations
May 20, 2022  |  Payments Innovation

It was a big week for embedded payments innovations, with a developer in the space achieving unicorn status, banks identifying them as urgent priority in...

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BaaS Firm Unit Valued at $1.2B After Series C
BaaS Firm Unit Valued at $1.2B After Series C
May 19, 2022  |  Investments

Unit is now a unicorn. The Banking-as-a-Service (BaaS) platform announced this week that it raised $100 million in a Series C funding round that brings...

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Unit Debuts Turnkey Solution for Businesses to Issue Virtual Cards, Live Bank Accounts
Unit Debuts Turnkey Solution for Businesses to Issue Virtual Cards, Live Bank Accounts
January 20, 2022  |  Digital-First Banking

Unit, a Banking-as-a-Service platform empowering companies to embed financial services into products, announced Thursday (Jan. 20) that it has debuted a new way to issue...

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Today In Digital-First Banking: 10x Future Technologies Lands $187 Million; Unit Notches $51 million
Today In Digital-First Banking: 10x Future Technologies Lands $187 Million; Unit Notches $51 million
June 17, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, 10x Future Technologies has closed a Series C funding round, while Unit has raised funds in a Series...

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Unit Raises $51 Million To Expand FinServ Products, Integrations
Unit Raises $51 Million To Expand FinServ Products, Integrations
June 17, 2021  |  Investments

Banking-as-a-Service (BaaS) platform Unit has raised $51 million in a Series B funding round, the company said in a Thursday (June 17) announcement. The financial...

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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding
Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding
December 11, 2020  |  B2B Payments

It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than...

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