Unit Announces Fully Managed Banking and Bill Pay

Today we’re making Unit’s biggest announcement to date: managed solutions. They help software companies offer a full money dashboard to their customers, across Banking and Bill Pay.

We’ve built managed solutions as the simplest way to launch + succeed in embedded finance:

• Build: 1 line of code expands into a full money dashboard for your customers - banking and bill pay. You can start with just ONE of these.
• Operate: fully managed customer support.
• Profit: revenue share + no exposure to fraud losses.
• Succeed: marketing materials that drive adoption, including automatic emails + hosted content.

You can see these new solutions in action here:

The Embedded Finance Shift

When we founded Unit in 2019, we saw companies like Shopify and Gusto dominating their markets by embedding financial services directly into their platforms. The formula was clear: software + finance = customer stickiness and new revenue streams.

The data proves this shift is accelerating. More than half of businesses now run on vertical-specific software—a 60% jump in just six years. Even more telling: these vertical software companies generate over 50% of their revenue from embedded finance, not just their core software.

Over the past five years, we've helped industry leaders like Honeybook*, Homebase*, and Roofstock* tap into this opportunity. Today, Unit processes over $40 billion in transactions annually for almost 2 million end-customers through our banking partners.

But here's what we've learned: while thousands of companies want to follow this playbook, most feel stuck by the complexity and upfront investment required to get started.

Introducing Managed Solutions: The Ultimate Simplicity

Managed solutions eliminate every one of these barriers: the product is built and maintained, Unit operates it, we pay you a revenue share, and we help drive adoption. We're announcing the following solutions which can be launched with just 1 line of code:

Banking*: Become your customers' primary financial relationship 

Replace their business bank account with your branded solution. Customers get quick access to funds, yield earnings, and physical + virtual cards - while you capture insights and earn revenue.

Bill Pay: Own their entire financial workflow 

Control the full accounts payable process from invoice upload to payment execution. Support same-day ACH, checks, push-to-card, wires, and many other payment types end users have come to expect from their digital banking experience - positioning your platform as indispensable to their operations.

These money solutions are designed to fit seamlessly into any SaaS product and can be launched in just three weeks. They also connect directly with your existing payment processor. Our customers accept payments with Stripe Connect, Worldpay, Adyen, Rainforest, and more.

How It All Fits Together

While each solution is powerful individually, combining them offers even greater capabilities to small businesses.

For example, pairing Banking and Bill Pay enables your customers to view both their current balance and projected balance based on upcoming payables, providing critical insight into future cash flow.

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These powerful combinations can help ambitious vertical SaaS companies become the all-in-one operating system their customers need — immediately. We've witnessed companies like Shopify evolve into the financial hub for e-commerce businesses. Now, these tools are within reach for any software platform ready to win its category.

Win Your Market with Embedded Finance

Our managed solutions are already seeing impact across multiple industries: retail, home service businesses, incorporation services, medical practices, and nonprofit software. Thanks to these partnerships, 50,000 businesses now have access to better financial services.

"Our goal is to bring more financial tools directly into our platform. Unit’s latest product helped us go live fast and gave us the confidence to expand our offering with business banking and beyond."

Kyle Bruce – SVP, Operations, Lavu Inc.

Why It Works For Banks

Managed solutions directly address banks' primary concerns: risk management and expanded customer acquisition. By centralizing oversight in one consistent environment, this solution transforms how financial institutions can monitor and scale embedded banking products while reaching new customer segments through vertical SaaS partnerships.

"We were excited to partner with Unit on this offering as it provides both the co-brand partners and banks the tools to be successful when it comes to embedding financial products. The documentation Unit provided to us to underwrite the program and the information they equipped our Board and regulators with before launching our first managed clients was incredibly helpful. They have taken a thoughtful approach to helping both the co-branders and bank customers." 

Leslie Andersen, CEO of I3 Bank.

Looking Ahead

Managed Solutions expand the ways companies can build financial products with Unit, alongside direct access to our APIs and components.

But the bigger opportunity is what happens when financial infrastructure becomes deeply connected to the rest of the software experience.

Software companies already understand how their customers run their businesses. By connecting financial activity with that context, they can build products that do more than store, move, spend, or lend money.

Imagine restaurant software that knows when inventory is running low and helps pay the vendor, with that activity flowing back into the books automatically. Financial products no longer sit alongside the core product. They become part of how the business operates.

That’s the future we’re building toward.

Doron & Itai

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If you'd like to learn more, get in touch today to see a quick product demo.

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_{*HoneyBook, Inc. is a financial technology company and is not a bank. Banking services provided by Lincoln Savings Bank, Member FDIC.  Homebase and Roofstock are financial technology companies and are not a bank. Banking services provided by Thread Bank, Member FDIC. Unit is a financial technology company and is not a bank. Banking services for managed solutions are provided by i3 Bank, Member FDIC. The Unit and related Saas branded Visa Debit Card is issued by i3 Bank pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted.}