Shantel
Key Takeaways
- Impressive Ranking: Sunbit secures the No. 576 spot on the 2023 Inc. 5000 list, a prestigious ranking of the fastest-growing private companies in America, showcasing its exceptional three-year revenue growth of 1021%.
- Innovative Impact: Sunbit’s unique point-of-sale technology has been integrated into over 20,000 brick-and-mortar locations, revolutionizing consumer handling of unexpected expenses.
- Supporting Merchants: Sunbit’s technology empowers over 130,000 certified service professionals to provide customers with an exceptional financing experience, enhancing merchants’ financial performance.
About Sunbit: Transforming Financial Technology
Sunbit is a revolutionary financial technology company that redefines how individuals handle unexpected expenses. Through its innovative solutions, Sunbit offers a no-fee credit card managed via a mobile app and a point-of-sale payment option available at more than 20,000 service locations. With an aim to provide more options for when and how people pay, Sunbit’s technology is changing the landscape of consumer financing.
A Second Appearance on the Inc. 5000
Sunbit marks a significant achievement as it secures the No. 576 spot on the 2023 Inc. 5000 list. This coveted ranking showcases the fastest-growing private companies in America, and Sunbit’s impressive three-year revenue growth of 1021% demonstrates its exceptional success and innovation. This recognition highlights Sunbit’s pivotal role in reshaping the financial technology landscape and its commitment to delivering real-world value to both customers and merchants.
Empowering Customers and Merchants
Sunbit’s success is more than just numbers—it’s about the impact it creates on a daily basis. The company’s unique point-of-sale technology has been successfully integrated into over 20,000 brick-and-mortar locations across the United States. This integration has revolutionized how consumers handle unexpected expenses, providing them with flexible and accessible financing options. Through its innovative solutions, Sunbit empowers individuals to manage their financial needs more effectively and efficiently.
A Visionary CEO’s Perspective
Reflecting on this achievement, Arad Levertov, CEO of Sunbit, emphasizes the real-world value the company delivers: “Moments like these are incredibly exciting for the entire Sunbit team. Our commitment to innovating for good, serving others before self, and inclusivity has been unwavering since our founding.” This recognition by Inc. 5000 reinforces Sunbit’s dedication to making a positive impact and driving change in the financial technology sector.
Serving an Expanding Network
Sunbit’s success is reflected not only in its revenue growth but also in the widespread adoption of its technology. The company’s point-of-sale solution has gained prominence within the automotive fixed operations industry, with over 40% of auto dealership service centers and over 9,000 dental locations using Sunbit’s technology. This expansion is driving hundreds of millions of dollars in gross sales annually for merchants connected to the Sunbit network.
Shaping the Future of Financing
Sunbit’s impact extends beyond individual consumers, positively influencing merchants’ financial performance. The company’s technology equips over 130,000 service professionals with the tools to provide an exceptional customer financing experience, fostering loyalty and building lasting relationships.
Unveiling the Sunbit Card
A promising development on Sunbit’s horizon is the unveiling of the Sunbit Card. This by-invitation-only card has demonstrated promising cardholder growth and is set to be made available to the general public in 2024. The Sunbit Card’s introduction marks another step toward Sunbit’s commitment to providing innovative and accessible financing solutions for all.
A Bright Future of Innovation
As a two-time Inc. 5000 honoree, Sunbit’s journey is a testament to its unwavering dedication to innovation and creating real-world solutions for financial challenges. The company’s role in reshaping the financial technology landscape is recognized through accolades and industry endorsements, including being named a Most Loved Workplace®, Best Point of Sale Company, and a Top Fintech Startup by CB Insights.
Transforming the Landscape
Sunbit’s ascent on the Inc. 5000 list signifies not just financial growth, but also its transformational impact on the lives of consumers and merchants alike. By reimagining how financing technology can work for real people in real situations, Sunbit is leading the way in shaping the future of consumer financing, making it more inclusive, accessible, and efficient.
Shaping the Future of Financing: Sunbit’s Resilient Journey
Sunbit’s relentless commitment to innovation and transforming the financial technology landscape is evident through its second appearance on the Inc. 5000 list. With a focus on empowering both consumers and merchants, Sunbit’s unique solutions are creating lasting change, making financing options more flexible, accessible, and impactful for everyone.
