Huge news for @itaidamti and @somdoron and the Unit team - awesome to see this milestone hit the press. Also a good time to mention that I'll actually be joining the Unit team to rethink how businesses easily add financial services to their products.
.@unit_co_'s $100M raise at a $1.2B valuation is further evidence of how hot the BaaS sector remains. Last week, I also wrote about Brazilian infra startup Dock raising $110M at a valuation of over $1.5B. @insightpartners led Unit's latest round.
techcrunch.com/2022/05/17/ban…
— #Mary Ann Azevedo (#@bayareawriter)
1:11 PM • May 17, 2022
This round is a major validation of the massive opportunity for financial infrastructure to enable embedded banking experiences for fintechs and non-fintechs alike. And it's also a signal that Unit's unique all-in-one BaaS platform approach is resonating.
Building banking is hard (as I've pointed out before). But while BaaS seems crowded, when you deep dive, Unit stands out with its full stack & full service approach. It actually makes embedded banking as accessible as adding software to your stack.
0/ If you want to build a US challenger bank from scratch, you're not going to be able do it alone (if you want to move fast).
To make modern fintech banking happen quickly, here's the 13 most important strategic partnerships you need + common deal unit economics 👇 👇
— #Interspace (#@heyinterspace)
1:37 PM • Oct 18, 2021
I joined Chime to build a better banking experience for all. I'm joining Unit to build a platform for all companies to build better banking experiences. LFG!
