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Unit

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Open banking APIs enabling tech companies to integrate financial services.

About

Unit is a provider of open banking APIs that allows technology companies to integrate financial services into their products. The company offers a range of APIs, developer tools, and White-Label user interfaces, enabling various entities, including startups and established brands, to develop financial features such as high-interest checking accounts, physical and virtual cards, ACH transfers, and credit cards. Unit addresses issues related to compliance, bank partnerships, and technical integration, facilitating the launch and scaling of financial offerings. The platform emphasizes security, customization, and support, which may contribute to user engagement and retention, as well as the potential for new revenue streams for its clients.

Key facts

Founded
2019
Headquarters
Tel Aviv, Israel
Tags
  • Embedded Finance

Business model

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Unit: quick answers

What does Unit do?
Unit is a provider of open banking APIs that allows technology companies to integrate financial services into their products.
Where is Unit headquartered?
Unit is headquartered in Tel Aviv, Israel.
When was Unit founded?
Unit was founded in 2019.
Which sector is Unit in?
Unit operates in Banking Technology, part of Financial Technology.
Who are Unit's competitors?
Companies similar to Unit include Modulr Finance, M2P, and Token.