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Transactions: BNPL Sunbit taps Citi for debt warehouse facility

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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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