EY US Announces Arad Levertov of Sunbit as an Entrepreneur Of The Year® 2025 Greater Los Angeles Award Winner
LOS ANGELES--(BUSINESS WIRE)--Jun 18, 2025--
Ernst & Young LLP (EY US) announced that Arad Levertov, CEO of Sunbit was named an Entrepreneur Of The Year 2025 Greater Los Angeles Award winner. Entrepreneur Of The Year is the preeminent competitive awards program for entrepreneurs and leaders of high-growth companies. For 40 years, EY US has celebrated ambitious entrepreneurs who are transforming industries, impacting communities and creating long-term value.
Mr. Levertov was chosen by an independent panel of past winners, top CEOs and business leaders. Judges assessed candidates on long-term value creation, entrepreneurial spirit, purpose-driven commitment and significant growth and impact.
Sunbit was co-founded by Arad Levertov, Ornit Maizel (CTO), Tal Riesenfeld (CRO), and Tamir Hazan (Head of AI) to challenge the status quo, offering better consumer experiences through superior products, services, and support than was previously possible. In a market where transactional thinking, heavy fee structures, exclusionary policies and products are standard, Sunbit stands apart, having served millions of customers with fast, transparent and fair terms and products – without charging fees of any kind. Sunbit's technology eases the stress of paying for life's expenses by giving people more options on how and when they pay. They have served millions of customers at tens of thousands of locations through their pioneering BNPL for brick-and-mortar businesses, and launched a co-branded credit card with retailers across the country.
'I am honored to be chosen as an EY Entrepreneur of the year winner,' said Levertov. 'I have so much respect for my fellow entrepreneurs, who all know that entrepreneurship is full of challenges. Policy changes, global events, and forces of nature sometimes conspire to test your fortitude. But for Sunbit, staying focused on serving the customer, and remembering that behind every transaction and account number is a person who is just trying to get something done, has made all the difference.'
The go-to-financing partner in auto services, Sunbit's technology is found in more than 60% of auto dealership service centers, and they are the fastest-growing patient financing provider in the dental market. Sunbit has done $3.2B in transactions across 4.2M BNPL originations, with 20% of those at 0% interest. Their recently launched co-branded credit card boasts over 186K cardholders, and the company has Saas integrations with partners like Stripe, Xtime, Weave, and more.
As a Greater Los Angeles award winner, Mr. Levertov is now eligible for consideration for the Entrepreneur Of The Year 2025 National Awards. The National Award winners, including the Entrepreneur Of The Year National Overall Award winner, will be announced in November at the Strategic Growth Forum®, one of the nation's most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2026.
Entrepreneur Of The Year recognizes many different types of business leaders for their ingenuity, courage and entrepreneurial spirit. The program celebrates original founders who bootstrapped their business from inception or who raised outside capital to grow their company; transformational CEOs who infused innovation into an existing organization to catapult its trajectory; and multigenerational family business leaders who reimagined a legacy business model to strengthen it for the future.
The Entrepreneur Of The Year program has recognized the leadership of entrepreneurs such as:
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards include presenting sponsors PNC Bank, Cresa, LLC, Marsh USA, and SAP. In Greater Los Angeles, sponsors also include ADP, Cooley, Los Angeles Business Journal, Vaco, and Big Picture.
About Entrepreneur Of The Year
Founded in 1986, Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses in the US, and it has since expanded to nearly 60 countries globally.
The US program consists of 17 regional programs whose panels of independent judges select the regional award winners every June. Those winners compete for national recognition at the Strategic Growth Forum® in November where National finalists and award winners are announced. The overall National winner represents the US at the EY World Entrepreneur Of The Year™ competition. Visit ey.com/us/eoy.
About EY
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.
All in to shape the future with confidence.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
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 businesswire.com:https://www.businesswire.com/news/home/20250618168355/en/
CONTACT: Media Contact: Sarah Tonzi
Company: Sunbit
Email:[email protected]
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: OTHER RETAIL BANKING ENTREPRENEUR TECHNOLOGY PROFESSIONAL SERVICES PAYMENTS DIGITAL CASH MANAGEMENT/DIGITAL ASSETS RETAIL FINTECH CONSUMER FINANCE
SOURCE: Sunbit
Copyright Business Wire 2025.
PUB: 06/18/2025 07:04 AM/DISC: 06/18/2025 07:03 AM
http://www.businesswire.com/news/home/20250618168355/en
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