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Fintech Split Pay Raises $125M to Rethink How Consumers Pay Their Biggest Bills
Miami-based fintech Split Pay has raised $125 million across back-to-back Series A and Series B funding rounds led by Khosla Ventures. The company uses AI-powered cash-flow underwriting to help consumers manage major recurring expenses by changing when payments leave their accounts. Split Pay says it has reached approximately one million users and reported 70X growth over the past 12 months. The funding will support the company’s expansion beyond rent into a broader consumer financial platform.