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Split Pay secures $125 million for rent float feature, Simon Taylor reveals

Split Pay secures $125 million for rent float feature, Simon Taylor reveals
Split Pay raises $125 million for renters

Simon Taylor, co-founder at 11:FS, reports that Split Pay has raised $125 million from Khosla, Thrive, and Max Levchin to enable a service that floats half of a renter's payment for 30 days.

Taylor highlights that while the average income in the U.S. is $90,000 and typical cashflow is $2,100, the timing of wage payments and bills often misalign, making Split Pay's solution relevant for many people.

Taylor has previously highlighted Anthropic’s initiative to develop in-house billing and treasury technology. Earlier this year, he noted Revolut’s launch of EURR, a euro-pegged stablecoin, with phased rollout under MiCA rules. These updates reflect Taylor’s ongoing coverage of payments and financial technology developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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