Splitit: Funding, Investors & Team (Oct 2026)
Splitit is a payment method solution enabling customers to pay for purchases with an existing debit or credit card by splitting the cost into interest and fee-free monthly payments, without the need for additional registrations or applications. Splitit enables merchants to offer their customers an easy way to pay for purchases in monthly installments with instant approval, decreasing cart abandonment rates and increasing revenue. Serving many of Internet Retailer’s top 500 merchants, Splitit’s global footprint extends to hundreds of merchants in 27 countries. Headquartered in New York, Splitit has an R&D center in Israel and offices in London, with plans to establish itself in Australia for its expansion into the Asia-Pacific region.
Splitit has raised $35.5M across 2 funding rounds on record, the most recent an undisclosed round of $25.0M announced in Aug 2023.
That round is above the $3.7M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Splitit Company Profile and Key Stats
Latest funding round on record: Aug 2023.
Splitit Funding Rounds
Splitit raised $10.5M in a Post-IPO Equity announced in Sep 2022.
11 months later, an undisclosed round of $25.0M was announced in Aug 2023.
Splitit Founders and Leadership Team
Contact details for the Splitit team: 1 of 2 have an email address on file.
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Splitit's latest round of $25.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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Splitit Funding FAQs
What does Splitit do?
Splitit is a payment method solution enabling customers to pay for purchases with an existing debit or credit card by splitting the cost into interest and fee-free monthly payments, without the need for additional registrations or applications. Splitit enables merchants to offer their customers an easy way to pay for purchases in monthly installments with instant approval, decreasing cart abandonment rates and increasing revenue. Serving many of Internet Retailer’s top 500 merchants, Splitit’s global footprint extends to hundreds of merchants in 27 countries. Headquartered in New York, Splitit has an R&D center in Israel and offices in London, with plans to establish itself in Australia for its expansion into the Asia-Pacific region.
How much funding has Splitit raised?
Splitit has raised $35.5M across 2 rounds on record. The most recent is an undisclosed round of $25.0M announced in Aug 2023.
When did Splitit last raise funding?
Splitit's most recent funding round on record is an undisclosed round of $25.0M, announced in Aug 2023.
Who founded Splitit?
FundedIQ lists Gil Don (Founder) at Splitit.
Who is the CEO of Splitit?
Nandan Sheth is listed as CEO at Splitit.
Where is Splitit headquartered?
Splitit is based in New City, New York, United States.
How many employees does Splitit have?
Splitit is in the 51-100 employee band.
How does Splitit's funding compare to other Commerce and Shopping startups?
Splitit's latest round of $25.0M is above the $3.7M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Splitit Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Splitit is left off this page rather than filled in.
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