Migdal Insurance and Harel Group both bought into Sunbit’s proposition as the buy now, pay later platform raised its series D round.
US-based buy now, pay later technology provider Sunbit picked up $130m in its series D round today backed by insurance companies Migdal Insurance and Harel Group.
The round was led by Group 11 and also included Zeev Ventures, AltaIR Capital and More Investment House. It valued Sunbit at $1.1bn.
Sunbit offers buy now, pay later services for transactions online and in-store, including in areas where such an offer is typically not available such as at the dentist or optician. The…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
