Tamed rent week stress
Signup took five minutes and they issued payment details to add in my portal. First split drew more upfront, then adjusted the next month. The reminders kept me on track.
Split Pay is a financial technology platform that allows users to divide large monthly bills — rent, mortgage payments, and similar recurring expenses — into two installments. The first payment is due at the start of the month and the second on the 15th, with no credit check and no landlord or lender enrollment required. Approval and the split percentage are determined by Lens AI, a proprietary model that analyzes real-time cash flow, behavioral patterns, and financial stability signals. Banking services are provided by Evolve Bank & Trust, an FDIC-insured institution. The platform serves freelancers, entrepreneurs, new residents, and budget-conscious families and has supported over 150,000 members across more than $1 billion in bills.
Key Details:
Location: The company is headquartered in Killara, Australia.
Founders: Split Pay was founded by Andrew Borovsky, Andrew Lin, and Leonid Movsesyan.
Foundation Date: The company was established in the year 2022.
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