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Yahoo
02-04-2025
- Business
- Yahoo
Sunbit Recognized for Innovation and Rapid Business Growth with Five Prestigious Awards
Industry recognition from ADSO, Deloitte, Forbes, Inc., and the Los Angeles Business Journal underscore Sunbit's strong demand and leadership LOS ANGELES, April 02, 2025--(BUSINESS WIRE)--Sunbit, the company building financial technology for real life, has received 5 awards in 4 months from industry leaders, including the Association of Dental Support Organizations (ADSO), Deloitte, Forbes, Inc., and the Los Angeles Business Journal. These awards recognize Sunbit's rapid growth trajectory and innovation as it transforms customer and merchant experiences in point-of-sale financing and cobranded credit cards. Through a seamless approval process that delivers decisions quickly, Sunbit is bringing the speed and accessibility of online transactions to in-person purchases. Removing friction at the point of sale not only empowers businesses to improve conversion rates, it also enhances customer satisfaction. To further ensure streamlined consumer experiences, merchants and associates are supported by an entire ecosystem of tools, training, and technology. "Continually delivering better, more transparent consumer finance experiences requires a tremendous amount of hard work and dedication from our team," said Arad Levertov, CEO of Sunbit. "These awards recognize that their contributions, along with our innovative technology and customer-first approach, are true growth drivers and that real gains are not just offering more choices, but significantly better ones." Despite never charging fees of any kind for its in-store buy now, pay later (BNPL) technology or cobranded credit card, Sunbit has achieved over 30% growth year over year. This momentum places it in the top 10% of private financial technology companies in the U.S. Recognition for this sustained growth, as well as its innovative technology and trustworthy approach, includes the following: Forbes Fintech 50, which spotlights the most groundbreaking companies that are improving the cost, efficiency and access of financial services. In addition to growing faster than competitors, this award celebrates companies making a deep impact on consumers and businesses through innovation. Deloitte Technology Fast 500™, which recognizes the fastest-growing North American companies in the technology, media, telecommunications, life sciences, fintech and energy tech sectors based on fiscal year revenue growth from 2020 to 2023. Inc. 5000 Regionals Pacific, which ranks the fastest-growing Pacific private companies, based in California, Oregon, Washington, Hawaii, Alaska and listed Sunbit at #42. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Pacific economy's most dynamic segment of independent small businesses. Los Angeles Business Journal Fastest Growing Companies, which distinguishes the top 100 private companies with the highest revenue growth in a three-year period in the L.A. area, spanning all industry types. ADSO Innovation Award, an esteemed dental industry accolade, which highlights the advancement of technologies that raise the quality of processes and products and/or have enhanced the dignity and status of the dental profession. For more information on Sunbit, visit: About Sunbit Sunbit builds financial technology for real life. Our 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 technology brings no-fee credit cards for top retailers. The company's BNPL solution is found in over 50% of all auto dealership service centers and is the fastest-growing and second-largest dental patient financing solution. Loans are made by Transportation Alliance Bank Inc. dba T.A.B. Bank, which determines qualifications for and terms of credit. The Sunbit Card is issued by T.A.B. Bank, pursuant to a license from Visa U.S.A. Inc. Use of the card is subject to the cardholder agreement. View source version on Contacts Meaghan ShieldsFor Sunbitmedia@ Sign in to access your portfolio


Associated Press
02-04-2025
- Business
- Associated Press
DataVisor Names Technology Leader Tony Kueh as Company's First Chief Operating Officer
DataVisor, the world's leading AI-powered fraud and risk platform, today announced the appointment of Tony Kueh as the company's first Chief Operating Officer (COO), a strategic move to accelerate its next stage of scale and growth. As COO, Kueh will lead the expansion of DataVisor's global go-to-market (GTM) engine — including marketing, sales, and customer success — to unlock new revenue opportunities and operational efficiencies at scale. Kueh brings a wealth of experience spanning both product innovation and GTM execution, most recently as EVP & Chief Product Officer of Anywhere Real Estate, and VP of Products at VMware. Over the past two decades, he has repeatedly scaled technology companies from early-stage growth to industry leadership — including taking multiple businesses from less than $25M to over $500M in annual recurring revenue — by aligning cross-functional teams across product, engineering, marketing, sales, and customer success. As real-time payments and money movement accelerate, fraud is becoming more complex. DataVisor's platform detects sophisticated threats across use cases like RTP, card, ACH, and wire — all in real time. As financial fraud continues to escalate and digital ecosystems expand, Kueh's expertise will be pivotal in scaling DataVisor's operations to capture this growing market — expanding both its customer base and product footprint. 'We are delighted to welcome Tony to our executive team at this exciting time in DataVisor's growth,' said Yinglian Xie, CEO and Co-founder at DataVisor. 'As we continue to innovate and expand our AI-powered solutions for fraud detection and risk management, Tony's operational expertise and strategic vision will be invaluable. His leadership will help us deepen market penetration, scale customer impact, and accelerate our momentum in a fast-evolving threat landscape.' DataVisor's impressive growth trajectory continues to solidify its position as a leader in the fraud and risk management space. The company has consistently demonstrated its ability to innovate and deliver cutting-edge AI-powered solutions, resulting in significant market expansion and customer adoption. This momentum was further underscored by DataVisor's recent inclusion in the prestigious Forbes Fintech 50 list, a testament to its disruptive technology and significant impact on the financial industry. This recognition highlights DataVisor's commitment to addressing the evolving challenges of digital fraud and underscores its potential for continued growth and innovation. 'I'm honored and excited to join DataVisor at this pivotal moment in its growth journey,' said Kueh. 'I've spent my career building high-performing teams and scaling organizations that deliver exceptional value. At DataVisor, my focus will be on building strong relationships with our customers, partners, and employees—ensuring we foster a culture of innovation and collaboration to proactively defend the financial ecosystem from the escalating fraud and risk threats in money movement.' For more information about DataVisor's fraud solutions, visit About DataVisor DataVisor is the most comprehensive fraud and financial crime prevention platform powered by sophisticated AI and modern machine learning capabilities. DataVisor empowers customers to protect against future attacks before they happen by detecting and acting on rapidly evolving fraud patterns in real time. DataVisor's adaptable solution and data-driven approach provides businesses with unparalleled protection in an ever-evolving digital landscape. DataVisor's award-winning solutions and continuous innovation make them the trusted partner of choice for Fortune 500 companies and leading organizations worldwide, specializing in financial services, banking, credit unions, fintech, and payments. Tara Strazdas SOURCE: DataVisor Copyright Business Wire 2025. PUB: 04/02/2025 07:58 AM/DISC: 04/02/2025 07:57 AM