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Founded Year



Series C | Alive

Total Raised




Last Raised

$100M | 1 yr ago

About Unit

Unit builds a platform that lets third parties integrate banking services like payment cards, checking accounts, cash advances, and money transfers into their own businesses by way of an API. The company is based in New York, New York, and was founded in 2019.

Headquarters Location

New York, New York, 10010,

United States

Unit's Product Videos

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Unit's Products & Differentiators

    Banking-as-a-service API

    The Unit API lets you create accounts, cards, payments, and lending

Research containing Unit

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Unit in 1 CB Insights research brief, most recently on Oct 12, 2021.

Expert Collections containing Unit

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Unit is included in 5 Expert Collections, including Banking.



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Unit Patents

Unit has filed 3 patents.

The 3 most popular patent topics include:

  • Acoustics
  • Aerodynamics
  • Fluid dynamics
patents chart

Application Date

Grant Date


Related Topics




Fluid dynamics, Hydrology, Aerodynamics, Wave mechanics, Acoustics


Application Date


Grant Date



Related Topics

Fluid dynamics, Hydrology, Aerodynamics, Wave mechanics, Acoustics



Latest Unit News

San Juan Basin Royalty Trust Declares Cash Distribution for May 2023

May 19, 2023

HOUSTON–(BUSINESS WIRE)–PNC Bank, National Association, as the trustee (the “Trustee”) of the San Juan Basin Royalty Trust (the “Trust”) (NYSE: SJT), today declared a monthly cash distribution to the holders (the “Unit Holders”) of its units of beneficial interest (the “Units”) of $2,457,421.28 or $0.052724 per Unit, based primarily upon the reported production of the Trust’s subject interests (the “Subject Interests”) during the month of March 2023. The distribution is payable June 14, 2023, to the Unit Holders of record as of May 31, 2023. For the production month of March 2023, the owner of the Subject Interests, Hilcorp San Juan L.P. and the operator of the Subject Interests, Hilcorp Energy Company (collectively, “Hilcorp”), reported to the Trust net profits of $3,607,479 ($2,705,609 net royalty amount to the Trust). Hilcorp reported $6,434,183 of total revenue from the Subject Interests for the production month of March 2023, consisting of $6,239,196 of gas revenues and $194,987 of oil revenues. For the Subject Interests, Hilcorp reported $2,826,704 of production costs for the production month of March 2023, consisting of $1,991,045 of lease operating expense, $801,290 of severance taxes and $34,369 of capital costs. Based upon the information that Hilcorp provided to the Trust, gas volumes for the Subject Interests for March 2023 totaled 2,078,429 Mcf (2,309,365 MMBtu), as compared to 1,649,392 Mcf (1,832,658 MMBtu) for February 2023. Dividing gas revenues by production volume yielded an average gas price for March 2023 of $3.00 per Mcf ($2.70 per MMBtu), as compared to an average gas price for February 2023 of $6.29 per Mcf ($5.66 per MMBtu). Production from the Subject Interests continues to be gathered, processed, and sold under market sensitive and customary agreements, as recommended for approval by the Trust’s Consultant. The Trustee continues to engage with Hilcorp regarding its ongoing accounting and reporting to the Trust, and the Trust’s third-party compliance auditors continue to audit payments made by Hilcorp to the Trust, inclusive of sales revenues, production costs, capital expenditures, adjustments, actualizations, and recoupments. The Trust’s auditing process has also included detailed analysis of Hilcorp’s pricing and rates charged. As previously disclosed in the Trust’s filings, these revenues and costs (along with all costs) are the subject of the Trust’s ongoing comprehensive audit process by our professional consultants and outside counsel to ensure full compliance with all the underlying operative Trust agreements and evaluating all available potential remedies in the event there is evidence of non-compliance. Contacts PNC Bank, National Association

Unit Frequently Asked Questions (FAQ)

  • When was Unit founded?

    Unit was founded in 2019.

  • Where is Unit's headquarters?

    Unit's headquarters is located at New York.

  • What is Unit's latest funding round?

    Unit's latest funding round is Series C.

  • How much did Unit raise?

    Unit raised a total of $169.6M.

  • Who are the investors of Unit?

    Investors of Unit include Better Tomorrow Ventures, Flourish Ventures, Accel, Insight Partners, Aleph and 4 more.

  • Who are Unit's competitors?

    Competitors of Unit include Rize, Infinant, Synctera, Treasury Prime, Stilt and 13 more.

  • What products does Unit offer?

    Unit's products include Banking-as-a-service API and 4 more.

  • Who are Unit's customers?

    Customers of Unit include Benepass, Wethos, Moves and Tribevest.

Compare Unit to Competitors

Bond Financial Technologies

Bond Financial Technologies offers an ecosystem of banks, fintechs, and brand partners around its API platform. It aims to provide software that lets partner brands to offer products such as credit cards and debit cards and aims to have its software integrate with a network of banks that can handle regulatory obligations on behalf of its customers. The company was founded by Roy Ng, the former COO of Twilio, the cloud messaging firm.


Synapse develops a platform that helps banks and developers work together. The technology involves developer-facing APIs that allow companies to connect with banks to offer services, and also bank-facing APIs that allow banks to automate and extend back-end operations.

Synctera Logo

Synctera provides partnerships between community banks and fintech companies through a two-sided marketplace. It offers business-to-business (B2B) transactions, business-to-consumer (B2C) transactions, wealth management, and investing, services for nonprofits, cannabis banking, and more. It serves individuals, enterprises, and banks. It was founded in 2020 and is based in San Carlos, California.

Productfy Logo

Productfy offers a technology platform that enables fintech companies to build common features. It was founded in 2018 and is based in San Jose, California.

Treasury Prime Logo
Treasury Prime

Treasury Prime is a banking-as-a-service company to connect banks and financial technologies through an application programming interface (API). It offers an interface that enables users to embed banking services and provides neo-banking, commercial, and retail financial technology. It was founded in 2017 and is based in San Francisco, California.

Cross River Bank Logo
Cross River Bank

Cross River Bank operates as a financial services organization. It merges the established expertise and traditional services of a bank with the forward-thinking offerings of a technology company and combines a comprehensive suite of products into a banking-as-a-platform solution, encompassing lending, payments, and risk management. It was founded in 2008 and is based in Fort Lee, New Jersey.

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