# Sunbit

> Sunbit is a Los Angeles fintech that finances the un-glamorous, unavoidable purchases - car repairs, root canals, new glasses, a sick pet's surgery - right where they happen. It approves roughly nine of ten applicants in under a minute with a soft credit check, charges no fees of any kind, and pays the merchant on the spot. Since 2016 it has spread to more than 30,000 merchant locations and over 60% of U.S. dealership service centers, originated over 5 million loans, and turned a rejected credit application into a business doing hundreds of millions in revenue.

- **Founded:** 2016
- **Headquarters:** Los Angeles, California, United States
- **Founders:** Arad Levertov (Co-Founder & CEO), Ornit Dweck-Maizel (Co-Founder & CTO), Tal Riesenfeld (Co-Founder), Tamir Hazan (Co-Founder)
- **Team size:** ~500-1,000 employees
- **Products:** Sunbit Pay Over Time (in-person BNPL), Sunbit Card, Sunbit for Stripe, Embedded Finance platform, Co-branded Visa credit cards
- **Notable:** Named to the Forbes Fintech 50 three consecutive years (2024, 2025, 2026)., Reached over 60% of all U.S. auto dealership service centers., Became the second-largest dental patient financing solution in the U.S.

## Products & services

- **Sunbit Pay Over Time (in-person BNPL)** — Point-of-sale financing for essential in-person services - auto repair, dental, optical, veterinary and healthcare. Soft-credit-check application in under a minute, personalized payment plans, and no late, origination, or penalty fees.
- **Sunbit Card** — A fee-free, next-generation Visa credit card offered through co-branded retail partnerships, with no annual, late, or penalty fees.
- **Sunbit for Stripe** — An integration that lets online merchants offer Sunbit financing at digital checkout.
- **Embedded Finance platform** — APIs and tooling that let partners and software platforms embed Sunbit lending directly into their own workflows and point of sale.
- **Co-branded Visa credit cards** — White-labeled no-fee Visa cards launched with retail partners such as Ollie's Bargain Outlet.

## Achievements

- Named to the Forbes Fintech 50 three consecutive years (2024, 2025, 2026).
- Reached over 60% of all U.S. auto dealership service centers.
- Became the second-largest dental patient financing solution in the U.S.
- Originated over 5 million loans since 2016, including ~1.5 million in 2025.
- Completed its inaugural $200 million asset-backed securitization in August 2025.
- CEO Arad Levertov named EY Entrepreneur Of The Year 2025 Greater Los Angeles.

## Latest updates

- **2026-04** — Collectly partnered with Sunbit to embed instant financing into AI-driven patient intake and billing workflows.
- **2026-01** — Sunbit rolled out its 2026 dental financing program with practice fees as low as 1.9% and no-interest plans up to 24 months.
- **2026-01** — Named to the Forbes Fintech 50 for a third consecutive year.
- **2025-08** — Completed its inaugural $200 million asset-backed securitization.
- **2025-06** — CEO Arad Levertov named an EY Entrepreneur Of The Year 2025 Greater Los Angeles award winner.

## Links

- Website: https://sunbit.com
- LinkedIn: https://www.linkedin.com/company/sunbit
- Twitter/X: https://twitter.com/sunbit_fintech
- Facebook: https://facebook.com/sunbitfintech/

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Profile page: https://yespress.io/sunbit
Published by YesPress — https://yespress.io
Last updated: 2026-08-19