Split Pay Raises $125 Million to Bring BNPL to Big Expenses

Lending startup Split Pay raised $125 million in new funding , Axios reported Sept. The company’s Series A and Series B rounds were led by Khosla Ventures , and there was participation from Thrive Capital and Affirm CEO Max Levchin , according to the report. Split Pay’s venture is an effort to make the consumer economy function more like the “invoice-based” business economy by reconciling the disconnect between large bills, which come once a month, and paychecks, which are typically received