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Transactions: BNPL Sunbit taps Citi for debt warehouse facility

Thread starter Hoca
Start date Mar 11, 2024

Hoca

Administrator

Staff member

Mar 11, 2024

Buy now, pay later provider Sunbit has raised $310 million from Citi and Ares Management credit funds for a debt warehouse facility. The company aims to use the money to deepen its penetration in automotive, dental and health care industries, co-founder and Chief Executive Arad Levertov told Bank Automation News. “We are in 10,000 car […]

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