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Splitit Payments Ltd is a cross-border payment solution enabling customers to pay for purchases with an existing debit or credit card by splitting the purchase into fee and interest-free monthly instalments, without the need for registration, application or approval.
Last updated
In 2024, Splitit's revenue reached $10.9M. The company previously reported $6.3M in 2023. Since its launch in 2009, Splitit has shown consistent revenue growth.
Splitit is a bootstrapped SaaS startup. Founded in 2009, Splitit has grown to $10.9M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, Splitit has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
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Splitit serves 310K customers.
Splitit employs approximately 81 people as of 2026, up from 75 in 2023, including 20 sales reps that carry a quota. It serves 310K customers that rely on its solutions.
Splitit generates an estimated $10.9M in annual revenue.
Splitit was founded by Nandan Sheth.
The CEO of Splitit is Nandan Sheth.
Splitit is bootstrapped and has not raised outside funding.
Splitit has 81 employees.
Splitit is headquartered in Atlanta, Georgia, United States.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$10.9M(Est.)
Customers
310K
Funding
$0
Avg ACV
$35
Team
81
Founded
2009
| Year | Milestone | Source |
|---|---|---|
| 2024 | Splitit Hit $10.9m revenue in October 2024 | Estimated |
| 2023 | Splitit Hit $6.3m revenue in December 2023 | Estimated |
| 2021 | Splitit Hit $6.7m revenue in February 2021 | |
| 2009 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 81 employees (December 2024) | |
| 2024 | Reached 75 employees (October 2024) | |
| 2023 | Reached 75 employees (December 2023) | |
| 2022 | Reached 83 employees (December 2022) | |
| 2021 | Reached 96 employees (December 2021) | |
| 2021 | Reached 115 employees (February 2021) |
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