Announcing our $51 Million Series B led by Accel and the Launch of Unit Go

Today, we’re excited to announce that we’ve raised a $51 million Series B led by Accel. Existing investors Better Tomorrow Ventures, Aleph, Flourish Ventures, and TLV Partners also joined the round.  We designed Unit to be the simple and robust platform to empower the next generation of fintech builders, and we’ve grown fast since launching …

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Unit Integrates with Plaid Exchange to Enable Client Open Finance Connectivity

Earlier this year, Unit announced our first integration with Plaid that allows our clients to move funds seamlessly between end-customer accounts on the Unit platform and external bank accounts. Today, we’re happy to announce Unit is now integrated with Plaid’s open finance platform Plaid Exchange. Plaid Exchange enables Unit clients to be discoverable and connected …

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How Unit Helped Moves Improve the Collective Financial Health of Gig Workers

Moves is an all-in-one financial app built exclusively for gig workers. The gig economy accounts for a third of the world’s employed workers and is projected to reach $455 billion by 2023. By 2027, the US is expected to see 60% of its workforce as independent workers. However, while millions of Americans earn their primary …

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How Unit Helped Benepass Deliver a Better Benefits Experience for Companies and Their Employees

Benepass is a benefits platform designed for modern companies to make it easier for employees to navigate and access their tax-advantaged accounts and benefits. Tax-advantaged benefits can add up to thousands of dollars in tax savings for employees and employers each year. However, historical usage is low and the average employee only deducts about 3% …

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Unit Partners with Allpoint to Provide Access to over 55,000 Fee-Free ATMs

Unit today announced it is adding the Allpoint Network of surcharge-free ATMs to its platform as part of a new partnership agreement with Cardtronics. By providing access to the Allpoint Network’s 55,000 ATMs, Unit clients can now give their customers a physical connection point for fee-free cash deposits and withdrawals in high-profile retail locations nationwide. …

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How Unit Helped Wethos Empower Freelancers to Grow their Business and Capture More Revenue

Wethos is an end-to-end platform that helps freelancers transform their one-person shop into full-service studios. Wethos’ co-founders, Rachel Renock and Claire Humphreys, know the pain of scaling a services business first hand after leaving the agency world to form their own studio. Wethos brings scalable infrastructure to independent businesses and makes it easy for freelancers …

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Unit & Abound Partner to Make it Easier for Freelancers to Plan and Pay Their Taxes

The U.S. freelance workforce continues to grow at a rapid pace, further accelerated by COVID-19 and seismic trends towards remote work and greater workplace flexibility. By 2027, over 86.5 million people are projected to be freelancers and will make up a majority of the U.S. workforce.  Unit’s mission is to make it easy for tech …

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Announcing our Partnership with Plaid

At Unit, our mission is to make it easy for tech companies to build financial features into their products: accounts, cards, payments and lending. Today, we’re excited to announce that we’ve partnered with Plaid, a data network powering the digital financial ecosystem, to make building on Unit even easier. For our clients, one of Unit’s …

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Revenues in Financial Features: a Complete Guide for Tech Companies

In our announcement of Unit, we explained how the line between fintech companies and non-fintech companies continues to blur. More and more tech companies are starting to offer financial features to their audiences. Those features help them offer more value, increase user loyalty and create game-changing revenue streams. If you’re a decision maker in an …

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How to Safely Migrate to a Better Banking Infrastructure in 21 Days (Or Less)

Two frustrating truths about banking infrastructure are: it’s not easy to get right, and you don’t really want to change it - until it hurts. If you’re offering financial features today - accounts, cards, payments or lending - and are unhappy with your initial choice of infrastructure, this guide is for you. It’s based on …

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