- Initial year invested: 2016
- Current stage: Growth Stage (Series C onwards)
- Fintech subsector: Physical Point-of-Sale (POS) Payments, Microlending
- Group 11 involvement: Board member and second largest investor; invested in Series Seed and participated in all subsequent rounds; led the Series Seed, A, and D rounds.
- Sunbit is a simple and fast way for stores to allow their customers to split up large purchases into easier and smaller payments over time. Working directly with retailers, Sunbit provides a cloud-based validation process at point of sale, where customers can use a form of ID to be scanned and approved for a purchase in store, within moments.