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Home > Companies > Splitit
Claimed by owner Last Update 27.5.2021 Suggest Edits Claim Profile
Claimed by owner
Splitit logo

Splitit

Former names: PayItSimple

Interest-free Installment Payment Solutions

Non Visible
Public on ASX Jan, 2019
Splitit
About
Lifecycle
News
Gallery
www.businesswire.comAug 4, 2020
Splitit Raises $71.5 Million to Accelerate Growth
www.calcalistech.comJun 21, 2020
Mastercard partners with installment company Splitit
smallcaps.com.auJun 3, 2020
Splitit Payments posts record May performance underpinned by growing shift to e-commerce
martechseries.comJun 2, 2020
BlueSnap Integrates with Splitit to Improve the Merchant and Customer Experience on Installment Payments
tearsheet.coMay 22, 2020
Splitit refreshes brand, targets the 70 percent of people who don't use all the credit on their cards
www.furninfo.comMay 11, 2020
Splitit Announces Agreement With Purple
www.calcalistech.comSep 19, 2019
CEO of Payment Company Splitit Steps Down
www.prnewswire.comAug 13, 2019
Splitit Adds Leading Music Software Provider Ableton to Its Growing List of Merchants
www.calcalistech.comJul 24, 2019
Malaysia-Listed GHL Partners With Payment Company Splitit
www.prnewswire.comJun 5, 2019
Splitit and EFTPay Partner to Offer Installment Payments to Hong Kong Merchants
www.calcalistech.comMay 29, 2019
Payment Company Splitit Raises $20.7 Million in Private Placement
en.globes.co.ilApr 11, 2019
Splitit makes a splash in Sydney
en.globes.co.ilFeb 7, 2019
Fintech co Splitit up 400% in 8 days ASX trading
paymentweek.comFeb 5, 2019
Splitit Brings Mobile Payments to ASX, Closes IPO Payment Week
en.globes.co.ilJan 29, 2019
Payment solutions co Splitit raises A$12m in ASX IPO
www.retailtechnews.comJun 20, 2018
Meeting Consumer Desire for Flexible Payments: Q&A with Splitit - Fast Growth Brands
www.prnewswire.comDec 5, 2017
Datacrushers Announces SplitIt Partnership to Bolster the Relationship Between Fintech, eCommerce and Cart Abandonment Using Machine Learning and AI
www.prnewswire.comMay 15, 2017
Splitit Won Red Herring Top 100 Europe 2017 Award
ecommercenews.euMar 23, 2017
Splitit's interest-free installment payment solution focuses on Europe
paymentweek.comJun 2, 2016
Splitit Links Up with DOCPAY to Streamline the Billing Process for Medical Practices Payment Week
www.prnewswire.comNov 8, 2015
PayItSimple Announces Corporate Name Change to Splitit

About

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.

Founded

Business models

Employees

Product stage

Primary Sector

FinTech

Products

Splitit

Geographic markets

Global, Australia

Funding

Total Funding

$115.1M

Market Cap

$40.92M

Last Funding

$71.5M

Funding Stage

Total Rounds

6

Investors

2

News

  (21)
www.businesswire.comAug 4, 2020
Splitit Raises $71.5 Million to Accelerate Growth
www.calcalistech.comJun 21, 2020
Mastercard partners with installment company Splitit
smallcaps.com.auJun 3, 2020
Splitit Payments posts record May performance underpinned by growing shift to e-commerce
martechseries.comJun 2, 2020
BlueSnap Integrates with Splitit to Improve the Merchant and Customer Experience on Installment Payments
tearsheet.coMay 22, 2020
Splitit refreshes brand, targets the 70 percent of people who don't use all the credit on their cards
www.furninfo.comMay 11, 2020
Splitit Announces Agreement With Purple
www.calcalistech.comSep 19, 2019
CEO of Payment Company Splitit Steps Down
www.prnewswire.comAug 13, 2019
Splitit Adds Leading Music Software Provider Ableton to Its Growing List of Merchants
www.calcalistech.comJul 24, 2019
Malaysia-Listed GHL Partners With Payment Company Splitit
www.prnewswire.comJun 5, 2019
Splitit and EFTPay Partner to Offer Installment Payments to Hong Kong Merchants
www.calcalistech.comMay 29, 2019
Payment Company Splitit Raises $20.7 Million in Private Placement
en.globes.co.ilApr 11, 2019
Splitit makes a splash in Sydney
en.globes.co.ilFeb 7, 2019
Fintech co Splitit up 400% in 8 days ASX trading
paymentweek.comFeb 5, 2019
Splitit Brings Mobile Payments to ASX, Closes IPO Payment Week
en.globes.co.ilJan 29, 2019
Payment solutions co Splitit raises A$12m in ASX IPO
www.retailtechnews.comJun 20, 2018
Meeting Consumer Desire for Flexible Payments: Q&A with Splitit - Fast Growth Brands
www.prnewswire.comDec 5, 2017
Datacrushers Announces SplitIt Partnership to Bolster the Relationship Between Fintech, eCommerce and Cart Abandonment Using Machine Learning and AI
www.prnewswire.comMay 15, 2017
Splitit Won Red Herring Top 100 Europe 2017 Award
ecommercenews.euMar 23, 2017
Splitit's interest-free installment payment solution focuses on Europe
paymentweek.comJun 2, 2016
Splitit Links Up with DOCPAY to Streamline the Billing Process for Medical Practices Payment Week
www.prnewswire.comNov 8, 2015
PayItSimple Announces Corporate Name Change to Splitit

The Team

(5)
BP
Brad Paterson
CEO
Alon Feit
Co-founder
GD
Gil Don
Co-founder & General Manager EMEA
KD
Kobi David
Chief Revenue Officer & Chief Security Officer
Adi Krysler
Head of Marketing
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Company Lifecycle

Event View
Timeline View

Public Offerings & Exits

Initial Public Offering EXIT
$8.6M
Jan 2019
Stock Exchange
ASX logo
ASX
Valuation $38.6M
$8.6M

Private Equity Funding

Seed
$4.3M
Jan 2012
0 Investors
$4.3M
Undisclosed Round
Undisclosed
Apr 2013
0 Investors
Undisclosed
Debt Financing
$10M
May 2015
1 Investors
$10M
Post-IPO Equity Funding
$20.7M
May 2019
0 Investors
$20.7M
Post-IPO Equity Funding
$71.5M
Aug 2020
1 Investors
$71.5M

Locations

Israel

Ha-Arba'a Street 30, Tel Aviv-Yafo, Israel

Offices Abroad

1 Charterhouse Mews, London EC1M 6BB, UK
27 E 28th St, New York, NY 10016, USA
525 Collins Street, Melbourne VIC 3000, Australia

Sector

FinTech
Lending & Financing
Micro Financing
Payment & Money Transfer
Payment Processing

Core Technology

Platforms & Interfaces
API
Artificial Intelligence

Target Customer

Financial Services
Financial Products
Credit
Consumers
Recreational & Lifestyle
Demographics & Family
Commerce & Retail
Distribution Channels

Tags

(14)

Locations

Israel

Ha-Arba'a Street 30, Tel Aviv-Yafo, Israel

Offices Abroad

1 Charterhouse Mews, London EC1M 6BB, UK
27 E 28th St, New York, NY 10016, USA
525 Collins Street, Melbourne VIC 3000, Australia

Notes

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