Unit

Banking-as-a-Service

Embedded finance infrastructure enabling software platforms to launch banking, lending, and payments in weeks.

Overview

Unit is a banking-as-a-service platform that empowers software companies to embed financial services directly into their products without building financial infrastructure from scratch. The company provides a modular, API-first platform that handles account creation, card issuance, payments, lending, and bill pay functionality. Unit's infrastructure processes over $50 billion in transactions annually for more than 100 customers, including notable companies like Wix, Bill.com, HoneyBook, and Homebase, serving 2+ million end-customers globally. Unit operates through two complementary approaches: Ready-to-Launch managed solutions that can deploy in as little as three weeks with a single line of code, and Custom APIs for companies requiring full control over their financial product design. The platform abstracts away regulatory complexity by partnering with FDIC-insured sponsor banks (including Lincoln Savings Bank, Piermont Bank, and others), allowing software companies to focus on product experience rather than compliance infrastructure. Unit's differentiator is its combination of speed-to-market, compliance-as-a-service, and direct integration with the Federal Reserve and card networks, positioning it as the market leader in embedded finance for B2B SaaS platforms.

Key features

• FBO accounts and wallets
• Card issuing (debit/credit)
• ACH, wire, check payments
• Lending and capital products
• Bill pay and accounts payable
• Real-time dashboards and reporting

Vertical focus

horizontal

Notable customers

Wix, Bill.com, HoneyBook, Homebase, Roofstock

At a glance

Scored against the published rubric. See our editorial policy.