Splitit Achieves Significant Growth Recognized in Inc. 5000 Rankings
Splitit, the global leader in card-linked installment payments, has secured position No. 1614 on the prestigious 2026 Inc. 5000 list. This annual ranking celebrates the fastest-growing private companies in America, making it a mark of excellence in the business world. Splitit's remarkable ascent in this list is not just about numbers, as it reflects a strong commitment to innovation, job creation, and positive economic impact.
The Inc. 5000 is renowned for highlighting companies that have achieved impressive growth while balancing entrepreneurial spirit with the demands of the market. Notable past honorees include influential giants such as Microsoft and Oracle. For Splitit, the recognition signifies the effectiveness of its card-linked installment payments solution, tailored to meet the needs of both merchants and consumers alike.
Growth Highlights
According to Nandan Sheth, CEO of Splitit, the ranking indicates a significant market acceptance of their service.
"Merchants and banks have been waiting for a better Buy Now Pay Later solution," Sheth explained. "This ranking shows that the market is responding to our card-linked installments platform." This enables consumers to enjoy financial flexibility without incurring additional risks, while allowing merchants to retain their customer relationships.
Splitit's growth trajectory has been robust over the last three years. Driving this expansion was a strategic $50 million growth funding received from Motive Partners in December 2023. With these funds, Splitit has been able to enhance product development, strengthen its financial position, and establish new business lines.
Key expansions include the rollout of FI-PayLater in April 2024, which allows banks and credit unions to offer direct installment plans at checkout, and an embedded, white-label app for Shopify merchants launched in March 2025.
Additionally, Splitit's increased partnership network includes notable collaborations with Samsung, which integrated installment payments into Samsung Wallet, marking a significant advance in the retail payment landscape. Furthermore, partnerships with institutions like DXC Technology have expanded the applicability of installment payments to their banking partners.
Continued Innovation
In 2026, Splitit continued to innovate with the introduction of Splitit Go, extending card-linked installments into face-to-face sales for various industries, including healthcare and automotive that engage in direct customer interactions. The company has also advocated for the adoption of Google's Universal Commerce Protocol, essentially allowing AI agents to make purchases on behalf of customers. The emergence of new offerings such as flexible point-of-sale installment payments for automotive service providers has cemented Splitit's role as a leader in its field.
The Inc. 5000 class of 2026 reflects a diverse array of businesses redefining growth metrics in their respective industries. Notable statistics from this year’s list include a median three-year revenue growth rate of an impressive 130%. Collectively, these companies have added over 627,208 jobs to the U.S. economy in recent years.
Mike Hofman, editor-in-chief of Inc. remarked,
"Every company on the Inc. 5000 has a story of perseverance, smart decision making, and a refusal to sit still." This emphasizes that the growth observed extends beyond financial metrics; it represents creativity, resilience, and a focus on customer satisfaction.
The recognition of Splitit, alongside other innovative companies, highlights the entrepreneurial spirit that continues to thrive across the U.S., driving economic progress and setting the stage for future endeavors. Tickets for the 2026 Inc. 5000 Conference Gala, where honorees will be celebrated, are on sale now, showcasing the importance of collaborative growth and networking among today’s business leaders.
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Conclusion
Splitit's journey on the Inc. 5000 list emphasizes its role as a pioneer in the financial technology sector, particularly within the realm of consumer payment solutions. With its innovative offerings and significant growth, Splitit is not only shaping the future of payments but also redefining the standard for success in the fast-evolving landscape of American business.