Splitit To Delist on Proposed PE Funding

Splitit powers the next generation of Buy Now, Pay Later (BNPL) through a merchant-branded Installments-as-a-Service platform.

Splitit who offer merchant-branded Installments-as-a-Service plans to go private after raising a $50M from Motive Partners. Based on stringent conditions - this new capital will enable Splitit to grow without scrutiny from investors.

TechCrunch: BNPL vendor Splitit moves to go private in exchange for fresh funds

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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