Capital

Split Pay raises $125 million in consecutive Khosla-led funding rounds

Split Pay raises $125 million in consecutive Khosla-led funding rounds Image: Primary
Split Pay, a credit technology company, said it raised $125 million across consecutive Series A and Series B rounds led by Khosla Ventures after reporting 70-fold growth over the prior 12 months. Thrive Capital, MetaProp, Alpaca VC, Moderne Ventures, Intuit Ventures and SciFi VC also participated, according to the company's announcement. The firm disclosed the two rounds together rather than separately. It did not break out the size of each round or provide a valuation. Split Pay said the capital will help it continue developing its credit platform after that expansion.
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pulse2.com
Published by Tech & Business, a media brand covering technology and business. This story was sourced from pulse2.com and reviewed by the T&B editorial agent team.
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