Splitit

Splitit is a global payment solution that enables customers to pay for purchases with an existing debit or credit card by splitting the cost into interest-free monthly payments, without the need for additional registrations or applications. Splitit benefits consumers by offering an attractive payment option to better manage their cash flow, while also helping online retailers generate higher sales revenue and create new customers by converting consumers who would have otherwise abandoned their carts. Serving many of Internet Retailers top 500 merchants, Splitits footprint expands to more than 300 merchants in 25 countries and has been patent protected in the United States since 2012. Headquartered in New York, Splitit has a research and development center in Israel and an office in London.

Splitit has raised $105.1M in total funding across 6 rounds. The company is currently at the Public stage. Key investors include Woodson Capital Management, Igor Ryabenkiy, Simpel Management.

Splitit was founded in 2012 by Gil Don (Co-founder (No longer with the company)), Alon Feit (Co-founder (No longer with the company)).

Splitit operates in Fintech & Insurtech, Money Transfer & Management, with core technologies in Platforms & Interfaces, API, Artificial Intelligence. Target customers: Financial Services, Consumers, Recreational & Lifestyle, Demographics & Family, Commerce & Retail, Distribution Channels.

Splitit is based in Ha-Arba'a Street 30, Tel Aviv-Yafo, Israel, Center District. The company also has offices abroad.