Sunbit, the leading financial technology company building solutions for real life, today announced general availability on Stripe, making its consumer financing for in-person services accessible to U.S. businesses processing payments on Stripe. The milestone embeds Sunbit’s high-approval rates and no-fee financing directly into the workflows of in-person businesses across automotive repair, healthcare, home services, veterinary care, medspas, home and field services and more – empowering them with the confidence to use financing as a sales tool and serve more customers.
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Businesses can now activate Sunbit directly within their Stripe Dashboard through a simple integration using Stripe’s Payment Element or Checkout, with all payouts, reporting, and monitoring fully integrated into the Stripe Dashboard.
Unlike traditional online BNPL designed for e-commerce checkout, Sunbit is engineered for high-touch, consultative, face-to-face transactions. Businesses receive payment in full upfront with zero repayment risk, while Sunbit manages billing, collections and customer support. Key features include: 90%+ average approval rate across verticals (far exceeding industry norms), true 0% interest options with no late fees, penalties or hidden costs, no hard credit check to apply—soft inquiry only, flexible plans from $60 to $20,000, up to 18 months.
“Stripe powers the infrastructure behind countless in-person service businesses and vertical SaaS platforms,” said Oded Vakrat, vice president, Platform Partnerships, Sunbit. “Achieving general availability with Stripe enables us to deliver financing that aligns with the way these businesses operate. Together, we’re empowering service businesses to grow revenue, increase access for their customers and offer more payment options with confidence.”
Since launching in beta, Sunbit has expanded across Stripe’s supported service categories, with early platform data demonstrating meaningful revenue impact, by helping businesses increase service acceptance and drive higher transaction values.
For example, within the automotive sector, one of Stripe’s key in-person service verticals, Sunbit’s integration with Shopmonkey has driven measurable, platform-wide performance improvements. Across the leading shop management platform’s ecosystem, businesses offering Sunbit have experienced:
- 30% lift in service acceptance
- 3x increase in average repair order value
- 4x growth in financing-attributed revenue
- Higher approval rates compared to traditional BNPL providers
“Auto repair is essential, time-sensitive work — and when a customer hesitates on an estimate, shops risk losing the job entirely,” said Travis Brown, co-founder and COO of Shopmonkey. “Sunbit is built for that moment. We’re seeing shops grow their businesses meaningfully because Sunbit financing fits how service writers actually work: face-to-face, high trust, with fast results. That’s not incremental. That’s a different business.”
Similar performance trends are emerging across home services businesses, veterinary practices and med spas, where customers are presented with repair estimates, care recommendations, or service proposals and need financing that supports informed, in-person decision-making.
Businesses can now activate Sunbit directly within their Stripe Dashboard through a simple integration using Stripe’s Payment Element or Checkout, with all payouts, reporting, and monitoring fully integrated into the Stripe Dashboard.
Today, Sunbit is trusted by more than 40,000 face-to-face businesses nationwide and continues to expand its embedded financing infrastructure across service categories for everyday needs. For more information, visit sunbit.com/stripe.
About Sunbit
Sunbit builds financial technology for real life. The company’s financial technology products have helped millions of people ease the stress of paying for life’s expenses by giving them more options on how and when they pay. Sunbit’s BNPL technology is an introduction-point for millions of consumers who become repeat customers, at both the point-of-sale and through the company’s card offerings. Sunbit is also available through service provider partners, cross-vertical platforms like Stripe, and vertical-specific platforms, as well as via no-fee credit cards for top retailers across the country. Despite never charging fees of any kind, Sunbit has achieved sustained profitable growth. Through a seamless approval process that delivers decisions quickly, Sunbit brings the speed and accessibility of online transactions to in-person purchases. For more information, visit sunbit.com.
Loans are made by Transportation Alliance Bank Inc., doing business as TAB Bank, which determines qualifications for and terms of credit. The Sunbit Card is issued by TAB Bank pursuant to a license from Visa U.S.A. Inc.
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