What does Split your largest bills do?

Split Pay lets consumers divide large recurring bills such as rent, mortgage or car payments into two smaller payments.

Who are Split your largest bills's investors?

Split your largest bills's investors include Khosla Ventures, Slow Ventures, Thrive Capital, Alpaca VC, Corigin Ventures, MetaProp.

Split your largest bills

Founded 2022 · 53 employees on LinkedIn · 6 known investors

SplitPay provides payment infrastructure that allows renters to split rent and other recurring expenses into smaller installments. The platform uses real-time cash flow analysis rather than traditional credit scores to approve payments for consumers living paycheck to paycheck.

Also known as Split Pay · SplitPay

Fintech

Investors · 6

Khosla Ventures✓ verifiedMenlo Park · $5K – $50M

Slow Ventures✓ verifiedSan Francisco · $50K – $1M

Thrive Capital✓ verifiedNew York · $500K – $25M

Alpaca VCNew York · $500K – $1.3M

Corigin Venturesvia Aubrie Pagano · inferred

MetaPropNew York · $100K – $1M

Company profile

researched Aug 2026

Split Pay is a consumer payments service that divides a household's largest recurring bill into two smaller payments. Users add a bill — rent, a mortgage or a car payment — through the app in a process the company describes as taking about two minutes. The landlord or lender is paid in full on the original due date, and the user repays Split Pay in two parts: the first half when the bill is due and the second half two weeks later.

The size of the first installment is set by the company after reviewing the user's cash flow, and falls between 30% and 50% of the bill. The company states the product requires no credit check, works with any landlord or lender, and can be set up in minutes. Users are described as having an assigned account and routing number for making payments. Split Pay lists insurance, tuition and utilities as additional bill categories planned but not yet supported.

Business model

Split Pay pays a user's bill in full to the landlord or lender on the due date and collects repayment from the user in two installments, the second two weeks after the first. The site refers to a pricing page for how charges work.

Traction

The company's site publishes numerous user reviews describing use of the app for monthly bill payments and avoidance of late fees.

▸Full profile — market position, technology, go-to-market

Market position

Positioned as a bill-splitting payment product covering rent, mortgages and car payments, with insurance, tuition and utilities announced as coming soon.

Technology

Eligibility and the size of the split are determined by an assessment of the user's cash flow rather than a credit check; the split is set between 30% and 50% of the bill amount. Users are provided an account and routing number through the app.

Go-to-market

Direct-to-consumer via a mobile app and website, with self-service bill setup that does not require the landlord or lender to enroll.

Consumers whose largest monthly obligations — rent, mortgage or car payments — fall due at once, including single-income households seeking to avoid late fees.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported

First installment as share of billJan 202530% to 50% of the bill

HeadcountAug 202653

Interval between the two paymentsJan 20252 weeks

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 9

by search overlap

Flex461 shared keywordsFlex provides a platform that allows renters to make flexible and predictable rental payments, helping households manage financial volatility while providing property managers operational stability. The company also offers eviction prevention support programs through Flex for Good.

Kasheesh362 shared keywordsKasheesh offers a payment tool that links a user's existing credit and debit cards and generates a single Mastercard card that splits a purchase across multiple cards at any merchant accepting Mastercard. Aimed at consumers, its patent-pending technology helps manage credit utilization and combine payment methods without creating new debt, loans, or credit checks.

Esusu329 shared keywordsEsusu is an economic mobility platform that helps working families build credit and strengthen financial stability through rent payment reporting. The company targets low-income renters and aims to bridge the racial wealth gap by addressing housing barriers.

Baselane257 shared keywordsBaselane provides accounting and financial management software for real estate investors and landlords, helping them track cash flow, manage property finances, and optimize tax deductions.

Jetlore225 shared keywordsJetlore was a Palo Alto AI startup that turned unstructured retail product data into structured attributes so merchants could personalise what each shopper saw. Founded by Stanford researchers, it raised from Sierra Ventures, Alsop Louie Partners, Fenox Venture Capital, BRM Capital and Mercury Fund, and PayPal acquired it in 2018.

Chase192 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.

Sezzle187 shared keywordsSezzle is a buy-now-pay-later app that lets shoppers split purchases into interest-free installments or pay monthly anywhere Visa is accepted, online or in stores. It also offers rewards, credit-history building through Sezzle Up, and financial literacy tools for consumers.

Rentpayment179 shared keywordsRentPayment provides an online platform for tenants to create accounts and pay their rent, with property search by name or address. It serves renters and property owners in the residential rental market.

Splitit179 shared keywordsSplitit provides embedded card-linked installment payments that let consumers split purchases using their existing credit rather than taking on new debt. It serves merchants, consumers, and banks as an alternative to traditional buy-now-pay-later models in the payments ecosystem.

Companies competing with Split your largest bills for the same Google search keywords, organic and paid, via search-intersection analysis.

▸Research sources · 1

primary sources listed

Split your largest billssplitpay.com · web

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Split your largest bills do?: Split Pay lets consumers divide large recurring bills such as rent, mortgage or car payments into two smaller payments.
Who are Split your largest bills's investors?: Split your largest bills's investors include Khosla Ventures, Slow Ventures, Thrive Capital, Alpaca VC, Corigin Ventures, MetaProp.