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New Deal


Announced

Completed

Group 11 led a $130m Series D round in Sunbit.

Financials

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Transaction Value£91m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Acquisition

Private

Single Bidder

United States

Payments / Commerce

Completed

payment solutions

Minority

Venture Capital

Cross Border

Private Equity

fintech

Synopsis

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Group 11 led a $130m Series D round in Sunbit, a buy now, pay later technology provider, with participation from Zeev Ventures, Migdal Insurance, Harel Group, AltaIR Capital and More Investment House. "The continued support from existing investors as well as new commitments from esteemed investors such as Migdal Insurance and Harel Group underscores the impact we are making in the sizable markets we serve," Arad Levertov, Sunbit CEO.

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