Tag: Splitit

Splitit, an innovative white-label, fully-embedded payments technology that lets customers pay in installments using their existing cards, has successfully secured the first $25m of a substantial $50m growth commitment from Motive Partners.

Installment payment platforms Splitit and AliExpress are bringing their “Pay After Delivery” offering to the United States, following successful roll-outs across Europe.

BNPL Splitit has revealed it is planning to delist from the ASX after securing up to $50 million from Motive Partners. 

Splitit, an instalments-as-a-service platform that powers buy now, pay later (BNPL), has raised AUD 10.5m in a private placement with institutional investors.

Buy now, pay later company Splitit is reportedly looking to top up its finances with a new round after Covid-19 changed consumers spending habits.

The CEO of payment instalment startup Splitit has warned other buy now, pay later companies against trying to take advantage of vulnerable customers during the COVID-19 crisis.

Divido, a point of sale financing platform, has partnered with Splitit Payments to offer instalment payment services to customers.