Miami Fintech Startup Split Pay Secures $125 Million for Bill Payment Service

Miami Fort Lauderdale, FL, September 9, 2026 —

A Miami-based fintech startup, Split Pay, has announced the successful closure of its Series A and B funding rounds, securing a total of $125 million. The company’s core offering is a service designed to assist users in managing their bill payments.

The service aims to address a common financial challenge by bridging the timing gap that often exists between an individual’s paycheck distribution and the due dates for their various bills. This financial management tool seeks to provide users with greater control over their cash flow and potentially alleviate stress associated with managing recurring payments.

Split Pay operates within the burgeoning fintech sector, an industry characterized by rapid innovation and significant investment. The substantial funding secured in its Series A and B rounds indicates strong investor confidence in the company’s business model and its potential to capture a significant share of the market for personal finance management solutions. The specific details regarding the investors who participated in these rounds were not provided in the summary.

The company’s objective is to offer a solution that supports users in navigating the complexities of personal finance, particularly concerning the timing of income versus expenses. While the exact operational mechanics of how Split Pay bridges the timing gap were not detailed, the service is positioned as a tool for enhanced financial planning and bill payment organization. Further information regarding the specific features and rollout plans for the service was not available at the time of this report.

Story summarized from the original created by Riley Kaminer on refreshmiami.com, see more information here.