Thanks to Sandeep Kumar Sood, CEO of Kunai, for co-hosting an inspiring Fintech Fireside dinner 🧑🍳 🥘 Seen here: our CEO, Itai Damti, discusses the verticals that are growing quickly in embedded finance.
Unit
Financial Services
New York, New York 15,534 followers
Unit is the leading financial infrastructure platform that helps tech companies, store, move, and lend money.
About us
Unit is the leading financial infrastructure platform that helps tech companies, store, move, and lend money. Unlock new revenue streams and delight your customers.
- Website
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https://www.unit.co
External link for Unit
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- New York, New York
- Type
- Privately Held
- Founded
- 2019
- Specialties
- fintech, banking, infrastructure, fintech infrastructure, banking as a service, card issuing, and lending
Locations
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Primary
New York, New York 10010, US
Employees at Unit
Updates
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We're excited to support AIR - Alliance for Innovative Regulation and their Bank + FinTech Arrangements TechSprint 😎 ️This week, we're exploring: 🤝 How data can improve bank & fintech partnerships ➡️ What's next for community bank business models ✅ Today's regulatory framework
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Unit reposted this
Over the last 18 years as a community bank leader and CEO, I’ve seen banking evolve from traditional, branch-driven operations toward digital-first customer experiences. The playing field is changing faster than many bank leaders realize or want to acknowledge. I heard it for the last several years - “these kids just care about their phones, how do we reach them anymore?” As it turns out, it isn’t just the kids - it’s every generation, consumer and business. It’s a challenge that calls for improved digital offerings – and community bank core software doesn’t cut it. The banks that outperform will not only make significant investments in digital, but they will participate in the next big shift - embedded finance, which is changing the way consumers and businesses engage with financial services. But many bank leaders are asking: • Why should banks care about embedded finance? • What’s in it for you? • What are the risks of participating in embedded finance? • How does high quality technology help mitigate risk? These questions require nuanced answers, but from my perspective I see a massive opportunity for banks that successfully engage with high quality tech. I joined Unit because I realized that our platform can not only provide a standalone, white labeled digital app and card program for community banks, but also give banks access to the rapidly growing embedded finance marketplace. Banks using Unit’s technology infrastructure and partnering with technology companies have generated over $1.3 billion in deposits and processed $38 billion in transactions in 2024, and these numbers are growing every month. To help answer these questions, Amanda Swoverland (Unit’s Chief Compliance Officer) and I are launching a LinkedIn series. Amanda is a former Chief Risk Officer at a community bank, as well as a regulator and consultant, and joined Unit as employee #4 to help build the company from its earliest days. Amanda is an incredible banker and compliance professional who has earned a great deal of respect for how she helps our banks succeed. In this series, we’ll discuss why banks should consider embedded finance, how they can do it safely, and how the current economic climate impacts these decisions. We’ll get into specifics on many of the key issues in entering the embedded space, which are largely grounded in compliance and BSA/AML/OFAC – and we’ll be roping in some of our other talented Unit team members to weigh in. Banks are certainly facing new challenges—declining deposit growth, pressure on fee income, and increasing regulatory scrutiny. At the same time, tech company partnerships can create massive opportunities—but only if done right and in line with regulatory expectations. I look forward to diving in!
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Our CEO, Itai Damti, is co-hosting Fintech Fireside with Sandeep Kumar Sood from Kunai 🔥 He’ll discuss how to build a product-led culture and what's next for embedded finance.
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We’re partnering with Tidemark to conduct a short survey for Vertical SaaS leaders 🕵️ Our goal is to establish industry-specific benchmarks—covering topics like product growth and business scale. Your responses will be confidential and fully anonymized. https://lnkd.in/g9n9QFUd
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Unit reposted this
📊 Calling all Vertical & SMB SaaS operators: Help shape Tidemark’s 2025 Vertical & SMB SaaS Benchmark Report! While the SaaS world has many great reports, Vertical SaaS founders often lack the industry-specific metrics for everything from strategic planning to day-to-day operations. A huge thank you to the 300+ VSaaS operators who helped create the industry's first comprehensive benchmarking study in 2024! For 2025, we’re excited to partner with Stripe, Check, Gusto Embedded, Unit, and other ecosystem players to deliver even more actionable insights for the Vertical SaaS community. Why participate? 1️⃣ Get exclusive access to peer-specific benchmarks 2️⃣ A custom consultation with the Tidemark team on how you stack up against your peer set 3️⃣ Understand what sets standout VSaaS businesses apart 4️⃣ Receive data-driven insights for strategic planning 5️⃣ Help build the definitive resource for VSaaS metrics ⏰ Takes just 10-15 minutes 🔒 All responses are anonymous and confidential Ready to contribute? Complete the 2025 survey here: https://lnkd.in/gpPcbsVV
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Over 22 new features are now live across the Unit Dashboard and product ⚡️🎛️ Check out the highlights from the tech sprint we recently held with our engineering team. https://lnkd.in/gjzut9cy
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Thanks to Flagship Advisory Partners and UBS for hosting an inspiring panel for fintech leaders ✨💡 Our CEO, Itai Damti, discussed how products like business credit cards are enabling SaaS platforms to generate new revenue streams.
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Unit reposted this
This week, we had the honor of hosting a session with Daniel Beskin, diving deep into the world of ZIO 2 🚀 It was inspiring to learn about using functional programming for modern systems. At Unit, we believe in investing in our people—whether it’s through learning opportunities like this, building a supportive culture, or creating space for innovation. We’re hiring! ☀️ If you’re curious about joining a team that values growth and collaboration, check out our open roles here: https://lnkd.in/dpXt-_Wi
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Document Collector White-Label Component is now available 📃✅ For applicants that require additional verification, you can now use our low-code component to streamline the document collection process. https://lnkd.in/gFnSB5u5