All Updates

All Updates

icon
Filter
Funding
Sunbit secures USD 310 million via debt warehouse facility to support growth
Buy Now, Pay Later
Jan 23, 2024
This week:
Partnerships
Nourish Ingredients collaborates with Fonterra on fermentation-derived dairy fats
Plant-based Dairy & Egg
Yesterday
Partnerships
Steakholder Foods signs MoU with Premazon to advance commercialization strategy
Plant-based Meat
Yesterday
Product updates
Beyond Meat debuts Beyond Sun Sausage exclusively at Sprouts Farmers Market
Plant-based Meat
Yesterday
Product updates
Elmhurst 1925 enters alternative meat market with Terra Meat launch
Plant-based Meat
Yesterday
Partnerships
Eurest partners with The Plant-It Food Co. to offer plant-based chicken options
Plant-based Meat
Yesterday
Product updates
Loryma launches wheat-based fat solutions for plant-based meat analogs
Plant-based Meat
Yesterday
Product updates
Partnerships
Hyperganic launches solution to design 3D-printed lattice structures; partners with ForwardAM
Additive Manufacturing
Yesterday
Funding
Code Metal raises USD 16.5 million in seed funding for product development and recruitment
Edge Computing
Yesterday
Funding
Gcore secures USD 60 million in Series A funding for platform development
Edge Computing
Yesterday
Partnerships
Abridge partners with Epic and Mayo Clinic for GenAI nurse workflow tool
Telehealth
Yesterday
Buy Now, Pay Later

Buy Now, Pay Later

Jan 23, 2024

Sunbit secures USD 310 million via debt warehouse facility to support growth

Funding

  • Sunbit, a BNPL provider, has secured USD 310 million through a debt warehouse facility co-led by Citi and Ares Management Credit funds. Sunbit's total funding now stands at USD 770 million.

  • The freshly secured capital will be used by Sunbit to expand product reach and support growing demand for its BNPL offering and the zero-fee Sunbit Card.

  • Sunbit currently serves over 2.6 million users and has facilitated over USD 1 billion in annual merchant transactions.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.