Industry recognition from ADSO, Deloitte, Forbes, Inc., and the Los Angeles Business Journal underscore Sunbit’s strong demand and leadership
LOS ANGELES–(BUSINESS WIRE)–Sunbit, the company building financial technology for real life, has received 5 awards in 4 months from industry leaders, including the Association of Dental Support Organizations (ADSO), Deloitte, Forbes, Inc., and the Los Angeles Business Journal. These awards recognize Sunbit’s rapid growth trajectory and innovation as it transforms customer and merchant experiences in point-of-sale financing and cobranded credit cards.
Through a seamless approval process that delivers decisions quickly, Sunbit is bringing the speed and accessibility of online transactions to in-person purchases. Removing friction at the point of sale not only empowers businesses to improve conversion rates, it also enhances customer satisfaction. To further ensure streamlined consumer experiences, merchants and associates are supported by an entire ecosystem of tools, training, and technology.
“Continually delivering better, more transparent consumer finance experiences requires a tremendous amount of hard work and dedication from our team,” said Arad Levertov, CEO of Sunbit. “These awards recognize that their contributions, along with our innovative technology and customer-first approach, are true growth drivers and that real gains are not just offering more choices, but significantly better ones.”
Despite never charging fees of any kind for its in-store buy now, pay later (BNPL) technology or cobranded credit card, Sunbit has achieved over 30% growth year over year. This momentum places it in the top 10% of private financial technology companies in the U.S. Recognition for this sustained growth, as well as its innovative technology and trustworthy approach, includes the following:
- Forbes Fintech 50, which spotlights the most groundbreaking companies that are improving the cost, efficiency and access of financial services. In addition to growing faster than competitors, this award celebrates companies making a deep impact on consumers and businesses through innovation.
- Deloitte Technology Fast 500™, which recognizes the fastest-growing North American companies in the technology, media, telecommunications, life sciences, fintech and energy tech sectors based on fiscal year revenue growth from 2020 to 2023.
- Inc. 5000 Regionals Pacific, which ranks the fastest-growing Pacific private companies, based in California, Oregon, Washington, Hawaii, Alaska and listed Sunbit at #42. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Pacific economy’s most dynamic segment of independent small businesses.
- Los Angeles Business Journal Fastest Growing Companies, which distinguishes the top 100 private companies with the highest revenue growth in a three-year period in the L.A. area, spanning all industry types.
- ADSO Innovation Award, an esteemed dental industry accolade, which highlights the advancement of technologies that raise the quality of processes and products and/or have enhanced the dignity and status of the dental profession.
For more information on Sunbit, visit: https://sunbit.com/.
About Sunbit
Sunbit builds financial technology for real life. Our financial technology products have helped millions of people ease the stress of paying for life’s expenses by giving them more options on how and when they pay. Sunbit’s technology brings no-fee credit cards for top retailers. The company’s BNPL solution is found in over 50% of all auto dealership service centers and is the fastest-growing and second-largest dental patient financing solution. Loans are made by Transportation Alliance Bank Inc. dba T.A.B. Bank, which determines qualifications for and terms of credit. The Sunbit Card is issued by T.A.B. Bank, pursuant to a license from Visa U.S.A. Inc. Use of the card is subject to the cardholder agreement.
Contacts
Meaghan Shields
For Sunbit
[email protected]
