Sunbit achieves 90%+ average approval rates across verticals with no-fee options and no hard credit checks. The company's BNPL technology is the leader in its core markets through B2B2C partnerships, with more than 200,000 associates offering Sunbit to millions of customers, achieving 70%+ acceptance rates and 30% repeat customer adoption.
Cyborg Score Rationale
Sunbit was included on the 2026 Forbes Fintech 50 list for the third consecutive year. The company has achieved sustained profitable growth despite never charging fees. Recent beta results with Shopmonkey delivered 30% incremental lift in service acceptance and 3x increase in average repair order value, with general availability on Stripe announced in April 2026.
Top Insights
Founded in 2016 by Arad Levertov, Tal Riesenfeld and Ornit Dweck-Maizel, Sunbit has achieved unicorn status
Loans feature flexible plans from $60 to $20,000 with up to 18 months duration and 0% interest options
Expanded in 2025 with a no-limit, no-fee rewards credit card for existing customers
Platform serves subprime/thin-file consumers particularly attracted to dental and auto verticals where unexpected expenses arise
Named Competitors
Square — Payments and commerce infrastructure
Zip — Buy-now-pay-later platform
Snap Finance — BNPL and lending for retail
Stripe — Payment processing and platform infrastructure
Klarna — Online BNPL platform
Recent Developments
(April 2026) Launched on Stripe with general availability for in-person service businesses nationwide
(February 2026) Earned spot on 2026 Forbes Fintech 50 list for third consecutive year