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Split Pay raises $125M in Series A and Series B led by Khosla Ventures to transform credit technology.

PRIVATESep 11, 2026•about 3 hours ago

Amount Raised

$125 Million

Round Type

Series A

Financial ServicesFinanceFintechLending

Investors

Sci Fi VcIntuit VenturesModerne VenturesAlpaca VcMeta PropThrive CapitalKhosla Ventures

Description

Split Pay has closed $125 million across back-to-back Series A and Series B funding rounds led by Khosla Ventures. The credit technology company experienced 70x growth over the previous 12 months. Additional investors include Thrive Capital, MetaProp, Alpaca VC, Moderne Ventures, Intuit Ventures, and SciFi VC. The capital will support Split Pay's mission to rethink credit products and expand its platform.

Company Information

Company

Split Pay

About

Split Pay is a credit technology company that has developed a novel approach to credit products with the tagline 'Banks move money, we move time.' The company focuses on restructuring how credit is delivered, emphasizing flexibility in payment timing for customers. Split Pay experienced 70x growth over 12 months prior to raising $125 million in Series A and B funding led by Khosla Ventures.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Split Pay raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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