Splitit
Splitit49Splitit
Splitit offers a merchant-branded Installments-as-a-Service platform for Buy Now, Pay Later solutions.
About
What does Splitit do?
Splitit provides a merchant-branded Installments-as-a-Service platform, enabling Buy Now, Pay Later (BNPL) solutions at the point of sale. Their platform aims to address challenges with legacy BNPL by integrating with card networks, issuers, and acquirers through a single network, allowing consumers to use their existing credit cards for installment payments without new applications or interest. (formerly Splitit Payments, PayItSimple.)
What is Splitit's revenue?
StartupHub estimates Splitit's annual revenue at $25.8M (range $19.2M to $30.0M, 62% confidence), based on comparable companies in the sector.
What is Splitit's valuation?
StartupHub estimates Splitit's effective valuation at $123.8M (range $34.8M to $143.6M, 46% confidence), based on comparable companies in the sector.
How much funding has Splitit raised?
Splitit has raised a total of $298M in funding. The most recent round on record is Post-IPO.
Where is Splitit headquartered?
Splitit is headquartered in New York, United States.
When was Splitit founded?
Splitit was founded in 2009.
What industry does Splitit operate in?
Splitit operates in Fintech, BNPL, Payments, Digital Payments, Embedded Finance, Installment Payments.
How many employees does Splitit have?
Splitit has approximately 96 people on record.
“Has anyone had issues with Splitit lately? I've been able to use it just fine until yesterday, when it kept giving me an error message that "the plan was cancelled." Their customer service is non existent.”
View on Reddit“Just recieved a mail from "[email protected]". How do I confirm if they are legit?. I was supposed to get an email from upGrad regarding my balance payment. But instead, a sender " Splitit Team [email protected] via sendgrid.net " sen…”
View on Reddit“I was taking advantage of the offer with Google where you can trade in a phone and get a new pixel 8a and 2 man credit, for only 4 man. Anyways, at checkout they had the option to use the service known as splitit. Where for zero fee they sp…”
View on Reddit“I made the order, and choose to pay via Splitit with 0% interest. As far as I can tell, I will need to choose how long the contract gonna be, but so far nothing. I made an order, and that's it.”
View on Reddit“So I was looking at buying a mattress and saw an option at the checkout for Splitit, where they put a hold or something on the funds and you can split your payments up over a 12 month period. They charge 0% interest, so if you use a credit…”
View on Reddit“I saw that I could pay in monthly installments, but reading further it says "the full amount is reserved on your credit card". Meaning that I'm just paying in full right of the bat anyways since I wouldn't be able to access that money.”
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