• 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.

 

 

Sunbit in the News

An early morning story about a coffee stain, a divorce and a new unicorn?

Dovi Frances, Founding Partner, Group 11

05-20-2021

Financing All Necessities Under The Sun(bit)

Michelle Chang, Senior Associate, Group 11

05-20-2021