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What is finmid?

finmid is a comprehensive embedded lending platform empowering digital businesses to launch and scale financing solutions across more than 30 European markets with ease, bypassing regulatory hurdles and multiple provider complexities. It caters to a wide range of sectors including restaurants, landlords, and e-commerce sellers by providing versatile financing products such as pre-approved cash advances, term loans up to €5 million, and invoice financing with payment terms up to 180 days. finmid’s proprietary underwriting approach assesses risk at the portfolio level using real-time sales performance data rather than traditional credit scores, maximizing customer eligibility and enabling dynamic pricing tailored to individual risk profiles. Customers benefit from a frictionless financing experience featuring no application process, a simple three-click acceptance flow, and rapid fund disbursement within 24 hours. The platform supports quick deployment via hosted iframe embedding, allowing businesses to launch in days, while also offering robust APIs for fully customized lending experiences at scale. finmid’s clients have seen measurable impact with a 31% revenue boost, a 45% increase in sales, and an 88% improvement in customer retention rates. The platform’s flexible infrastructure supports seamless integration and scaling, helping marketplaces, vertical SaaS providers, and platforms expand their capital offerings effortlessly. Leading European companies such as Glovo and Your.Rentals rely on finmid for its geographic breadth and customer-centric solutions. With dedicated support and developer resources, finmid acts as a trusted partner in fueling growth through embedded finance. By unlocking access to flexible credit, finmid enables platforms to deepen customer relationships and accelerate their business success.

What is Unit?

Boost your revenue and improve customer satisfaction by incorporating financial functionalities into your product. With Unit managing the intricate aspects of compliance and banking relationships, you can accelerate your growth and development initiatives. Take advantage of our extensive range of APIs, developer assets, and documentation to launch distinctive features in just five weeks. Customize your offerings to align with user preferences thanks to the flexible design of Unit’s API. This platform not only ensures speed and reliability but is also fortified with security, gaining the confidence of startups, well-known brands, and publicly traded companies. Offer streamlined financial solutions specifically designed for freelancers and gig economy workers, including cash advances, automated tax calculations, and seamless integrations with platforms like Abound and Plaid. By utilizing these resources, you can create an outstanding user experience that differentiates you in a competitive landscape. Additionally, your ability to adapt quickly to market demands will enhance your reputation and foster long-term customer loyalty.

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Integrations Supported

Integrations Supported

Amazon S3
Checkbook
Currencycloud
Layer
Nextless.js
Plaid
QuickBooks Online
Teal

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Not specified

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

finmid

Date Founded

2021

Company Location

Germany

Company Website

finmid.com

Company Facts

Organization Name

Unit

Date Founded

2019

Company Location

United States

Company Website

www.unit.co

Categories and Features

Embedded Finance

Not specified

Categories and Features

Banking

Not specified

Embedded Finance

Not specified

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