Sunbit news and trends

Stripe and Sunbit Team to Expand BNPL Offerings for In-Person Services
BNPL // September 24, 2024

Installment payment FinTech Sunbit says it has launched a collaboration with payments platform Stripe. The partnership, announced Tuesday (Sept. 24), is designed to bring buy now, pay later (BNPL) offerings to more in-person services, such as auto repair and dental work. “In today’s financial environment,...

FinTech Sunbit Lands $250M Debt Facility
BNPL // December 05, 2022

The FinTech Sunbit is looking to grow after receiving a $250 million investment. The $250 million debt facility comes as consumers are increasingly turning to new payment options such as buy now, pay later (BNPL). “Today it is clearer than ever that Americans require access...

Dental Practices Go Big on BNPL
Healthcare Financing // November 30, 2022

More than 500 dental practices are adopting patient financing tools each month.  They’re doing so to offer their patients financing that is accessible, fair, fast and transparent, financial technology provider Sunbit said in a Monday (Nov. 28) press release.  There’s a need for such an...

BNPL Reduces the Stress of Paying for Auto Repair
Buy Now Pay Later // May 31, 2022

When the staff in the service department at auto retailer Momentum BMW saw that customers were declining auto repairs at an excessive rate, they asked each customer for the reason — price, convenience, value? “A lot of times it had a lot to do with...

Quick Reads
Sunbit Gets $355 Million to Grow BNPL Business

November 07, 2024
Buy now, pay later (BNPL) firm Sunbit has received a $355 million debt warehouse facility. The new financing, announced Monday (Nov. 4), was led by J.P. Morgan, Mizuho Bank Ltd. and Waterfall Asset Management following a $310 million facility earlier this year with Citi and Ares Management. “2024 has been a breakout year for Sunbit, […]

Stripe and Sunbit Team to Expand BNPL Offerings for In-Person Services

September 24, 2024
Installment payment FinTech Sunbit says it has launched a collaboration with payments platform Stripe. The partnership, announced Tuesday (Sept. 24), is designed to bring buy now, pay later (BNPL) offerings...

FinTech Sunbit Lands $250M Debt Facility

December 05, 2022
The FinTech Sunbit is looking to grow after receiving a $250 million investment. The $250 million debt facility comes as consumers are increasingly turning to new payment options such as...

Dental Practices Go Big on BNPL

November 30, 2022
More than 500 dental practices are adopting patient financing tools each month.  They’re doing so to offer their patients financing that is accessible, fair, fast and transparent, financial technology provider...