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Sunbit secures unicorn status with a $130M Series D round and $1 1B valuation

Share this article Share this article LOS ANGELES, May 20, 2021 /PRNewswire/ Sunbit, the preferred buy now, pay later (BNPL) technology for everyday needs and services, today announced a $130 million series D round of funding. The round was led by returning investor Group 11, a leading venture capital firm known for backing some of the most disruptive fintech companies. Other stakeholders include returning investor Zeev Ventures, and new investors Migdal Insurance, Harel Group, AltaIR Capital, and More Investment House. Guy Fischer, Chief Investment Officer for Migdal Insurance, joined the company s board as an observer. The series D capital raise values Sunbit at $1.1 billion, making the company the latest to join the ranks of fintech unicorns.

Applications available Friday for new Becker County business-relief programs

Applications available Friday for new Becker County business-relief programs “I would like to thank the local business owners who were on the committee for their input. They helped make these programs fair and an easier application process,” said Becker County Board Chair Barry Nelson. Written By: News Staff | × Applications will be available Friday for Becker County’s new economic recovery grant programs. The Becker County Board, working with local business owners and the Detroit Lakes Chamber of Commerce, has created three grant programs to aid county businesses affected by COVID-19. Funding comes from $665,000 in state dollars. “I would like to thank the local business owners who were on the committee for their input. They helped make these programs fair and an easier application process,” Becker County Board Chair Barry Nelson said in a news release.

Becker County launches multiple business-relief grants

Becker County launches multiple business-relief grants There are three new options now on the table, and business owners can apply for two of the three. Written By: Nathan Bowe | × Becker County Courthouse (Tribune file photo) Becker County has received and deposited a nice, fat $680,000 grant from the state, and now it’s set to distribute that money to local business owners hurt by the state’s COVID-19 shutdowns and restrictions. There are three options now on the table, and business owners (including, for the first time, hotel and motel owners) can apply for two of them. The first one, that all can apply for, is an extension of the existing $2,000 one-time emergency business relief grants.

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