Banking-as-a-service startup Unit closes on $100M at a $1.2B valuation

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Unit, a banking-as-a-service startup, has closed on a $100 million Series C round of funding led by Insight Partners. Existing backers Accel, Better Tomorrow Ventures, Aleph, and Flourish Ventures also participated in the financing, which values the company at $1.2 billion.

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