Today, we're announcing a new feature on the Unit Dashboard to give clients better insight into why an application may be approved, awaiting documents, or denied. Our goal is to provide more detail into what evaluation criteria were flagged and why a particular document may be requested. In the individual application page of the Unit …
Continue reading Updated Application Screen to Show Evaluation Flags
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 …
Continue reading Unit & Abound Partner to Make it Easier for Freelancers to Plan and Pay Their Taxes
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 …
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 …
Continue reading Revenues in Financial Features: a Complete Guide for Tech Companies
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 …
Continue reading How to Safely Migrate to a Better Banking Infrastructure in 21 Days (Or Less)
Today, we’re excited to officially launch Unit to help companies build financial features into their products: accounts, cards, payments and lending. We’re backed by an amazing group of investors and supporters, and to date we’ve raised $18.6 million from Better Tomorrow Ventures, Aleph, TLV Partners, Flourish Ventures and Operator Partners, as well as 30 angels, …
Continue reading Building fintech is still too hard; Announcing Unit
In the process of designing and building Unit, we’ve met over 100 companies that have offered or are looking to offer financial features to their end-customers: accounts, cards, payments, lending and more. If you’re a founder or executive who knows what financial features would serve your end-customers best, but aren’t sure where to start, this …
Continue reading Banks, middlewares and Unit: making sense of banking infrastructure