Splitit - About the company
Splitit is a public company based in New York City (United States), founded in 2009 by Gil Don. It operates as an Online platform for point of sale financing. Splitit has raised an undisclosed amount in funding from Plug and Play Tech Center. The company has 252 active competitors, including 69 funded and 48 that have exited. Its top competitors include companies like Square, Klarna and Tabby.
Company Details
Online platform for point-of-sale financing. It enables users to make installment payments at the point of sale. It works on existing credit cards. It can be used for online/offline payments at partnered stores. It also provides solutions for eCommerce and brick mortar to accept installment payments.
- Website
- splitit.com
Key Metrics
Founded Year
2009
Location
New York City, United States
Stage
Public
Latest Funding Round
Investors
Ranked
29th among 252 active competitors
Annual Revenue
£2.7M as on Dec 31, 2022
Employee Count
80 as on Dec 31, 2020
Exit Details
Public
Legal entities associated with Splitit
Splitit is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPLITIT USA INC. CIN: 5387158 , United States, Active | Aug 20, 2013 | - | 80 (As on Dec 31, 2020) | - |
SPLITIT UK LTD CIN: 9790615 , United Kingdom, Active | Sep 22, 2015 | $3.34M (As on Dec 31, 2022) | 3 (As on Dec 31, 2024) |
Splitit's IPO details
Splitit got listed on Jan 29, 2019.
Click here to take a look at Splitit's IPO in detail
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Splitit's funding and investors
Splitit has raised funding over 7 rounds. Its first funding round was on Apr 2013. Its latest funding round was a Post IPO round on Aug 18, 2023 for $*****. 1 investor participated in its latest round. Splitit has 7 institutional investors.
Here is the list of recent funding rounds of Splitit:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 18, 2023 | 9492277 | Post IPO | 2858226 | 8904561 | 3851910 | 5433020 |
Sep 12, 2022 | 5710682 | Post IPO | 2108890 | 1149726 | 9923853 | 1845251 |
Aug 04, 2020 | 2913176 | Post IPO | 8598219 | 4390176 | 4721891 |
View details of Splitit's funding rounds and investors
Splitit's founders and board of directors
Founder? Claim ProfileThe founders of Splitit is Gil Don.
Here are the details of Splitit's key team members:
- Gil Don: Co-Founder of Splitit.
View details of Splitit's Founder profiles and Board Members
Splitit's employee count trend
Splitit has 80 employees as of Dec 20. The total employee count is 700.0% more than what it was in Dec 19. Here is Splitit's employee count trend over the years:
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Splitit's Competitors and alternates
Top competitors of Splitit include Square, Klarna and Tabby. Here is the list of Top 10 competitors of Splitit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Square 2009, San Francisco (United States), Public | Provider of integrated point of sale and business management solutions | $520M | 85/100 | |
2nd | Developer of an online platform for point-of-sale financing | $4.19B | 85/100 | ||
3rd | Tabby 2019, Riyadh (Saudi Arabia), Series E | Provider of purchase financing solutions for businesses | $604M | 83/100 | |
4th | Provider of an online platform for point of sale financing | $238M | 79/100 | ||
5th | App-based lending platform for purchase financing | $281M | 78/100 | ||
6th | Sezzle 2016, Minneapolis (United States), Acquired | Online platform for point of sale financing | $17.5M | 77/100 | |
7th | Sunbit 2016, Los Angeles (United States), Series D | Online platform for point of sale financing | $159M | 78/100 | |
8th | Provider of buy now, pay later services with flexible options | $35.4M | 76/100 | ||
9th | Provider of an online platform for point-of-sale financing | - | 75/100 | ||
10th | Provider of an online lending platform offering point of sale financing | $206M | 75/100 | ||
29th | Splitit 2009, New York City (United States), Public | Online platform for point of sale financing | - | 58/100 |
Looking for more details on Splitit's competitors? Click here to see the top ones
Splitit's Investments and acquisitions
Splitit has made no investments or acquisitions yet.
Reports related to Splitit
Here is the latest report on Splitit's sector:
News related to Splitit
Media has covered Splitit for a total of 12 events in the last 1 year, 8 of them have been about company updates and 4 about partnerships.
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Klaviyo Partners with Google to Deliver AI-Driven Customer ExperiencesDestinationcrm•Feb 25, 2026•Google, Klaviyo, Splitit, CDP
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DXC and Splitit Partner to Enable Installment Payments for Bank Account HoldersPR Newswire•Oct 23, 2025•DXC, Splitit
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Splitit Launches Partner Program to Power Installments for Agentic CommercePR Newswire•Oct 09, 2025•Splitit
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Samsung Wallet Launches Contactless ‘Buy Now, Pay Later’ Option9to5Google•Jul 24, 2025•Samsung, Splitit
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Samsung Wallet Launches In-Store Installment Payments Through SplititGlobal Fintech Series•Jul 24, 2025•Samsung, Splitit
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Banks and Merchants Want Flexible Payment Tools Amid Market TurbulencePYMNTS.com•Jul 09, 2025•Splitit
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