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2024 Revenue

$10.9M

Customers

310K

Funding

$0

YOY

74.1%

Avg ACV

$35

Team

81

Founded

2009

How Splitit CEO Nandan Sheth grew to $10.9M revenue and 310K customers in 2024.

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.

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Splitit Revenue

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 Revenue GrowthReported revenue / ARR over time$0$3M$5M$8M$10M$13M200920112013201520172019202120232024$0$7M$11MSource: GetLatka.com
YearMilestoneQuote
2024Splitit Hit $10.9m revenue in October 2024
2023Splitit Hit $6.3m revenue in December 2023
2021Splitit Hit $6.7m revenue in February 2021
2009Launched with $0 revenue

Splitit Valuation, Funding Rounds

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.

Splitit Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12009Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Nandan Sheth

Nandan Sheth is listed as Founder / CEO at Splitit.

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Customers

Splitit serves 310K customers.

Splitit Employees & Team Size

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 Team GrowthReported headcount over time0255075100125200920112013201520172019202120232024008181Source: GetLatka.com
YearMilestone
2024Reached 81 employees (December 2024)
2024Reached 75 employees (October 2024)
2023Reached 75 employees (December 2023)
2022Reached 83 employees (December 2022)
2021Reached 96 employees (December 2021)
2021Reached 115 employees (February 2021)

Frequently Asked Questions about Splitit

What is Splitit's revenue?

Splitit generates $10.9M in revenue.

Who founded Splitit?

Splitit was founded by Nandan Sheth.

Who is the CEO of Splitit?

The CEO of Splitit is Nandan Sheth.

How much funding does Splitit have?

Splitit raised $0.

How many employees does Splitit have?

Splitit has 81 employees.

Where is Splitit headquarters?

Splitit is headquartered in Atlanta, Georgia, United States.

Data and Sources

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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