Splita

Founders, Backgrounds, and Bench

Splita was founded in 2026 by Arinze Okigbo, Dayo Adebari, and Will Clarkson. Arinze Okigbo, a Nigerian-American technologist and current Computer Science student at New York University, leads the venture. His background includes a data security internship at Cyera and a software developer role at Queralt Inc. The co-founders' public profiles are less detailed, but their collaboration suggests a technical and operational partnership.

Summary and Signal

Splita is an early-stage fintech startup building a mobile-first product to simplify group payments for consumers and small groups, with a particular focus on the African market. The company's proposition centers on replacing the manual process of splitting a restaurant bill or group expense with a digital solution that uses a shared virtual card, aiming to capture attention in a fragmented but high-frequency payments niche [LinkedIn, June 2024].

The core product allows a group to scan a receipt, select individual items, and have each participant pay their share instantly; a virtual card, powered by Stripe and integrated with Apple and Google Wallets, then allows a single person to pay the full bill on behalf of the group [splita.co, retrieved 2026]. This technical approach differentiates it from legacy expense-tracking apps by attempting to solve the collection and settlement problem in real-time.

Capitalization is not publicly disclosed; the company is listed as having secured Pre-Seed funding, but specific amounts, investors, and valuation are unknown [Tracxn, retrieved 2026]. The business model is presumed to be B2C, likely monetizing through transaction fees.

Data Accuracy: YELLOW -- Core product claims and founder background are sourced from company materials and founder profiles; funding details and commercial metrics are unconfirmed.

Taxonomy Snapshot

Axis	Classification
Stage	Pre-Seed
Business Model	B2C
Industry / Vertical	Fintech
Technology Type	Software (Non-AI)
Geography	Sub-Saharan Africa
Growth Profile	Venture Scale
Founding Team	Solo Founder
Funding	Pre-Seed

Company Overview

Splita is a London-based fintech founded in 2026. The company's public narrative centers on simplifying group payments for consumers and small groups, positioning itself as a new way to handle shared expenses in real-world social settings [LinkedIn, retrieved 2026]. The primary public validation point is Okigbo's inclusion among the Top 100 entrepreneurs in the 2026 Africa's Business Heroes competition [Technext, June 2026]. The company has secured Pre-Seed funding, though the amount and participating investors are not publicly disclosed [Tracxn, retrieved 2026].

Data Accuracy: YELLOW -- Founder details and competition participation are confirmed; funding stage is reported but details are limited.

The Product and the Stack

Splita's core proposition is a mobile-first application designed to eliminate the friction of settling a group bill. The workflow begins when a user scans a paper receipt using their phone's camera [splita.co, retrieved 2026]. Participants select specific items, and the app aggregates individual shares, using a virtual card powered by Stripe to pay the full bill in a single transaction [splita.co, retrieved 2026]. The technical architecture relies on Stripe for payment processing and card issuance, and integration with Apple Pay and Google Wallet for the host's tap-to-pay experience [splita.co, retrieved 2026].

Data Accuracy: YELLOW -- Product claims are sourced from the company's website and founder's social media; technical stack is confirmed.

The Market They Are Entering

Global digital payments were valued at $96.5 trillion in 2023 [Precedence Research, 2023]. The African mobile money market processed over $1 trillion in transaction value in 2023 [GSMA, 2024].

Metric	Value
Global Digital Payments (2023)	$96.5T
African Mobile Money Transaction Value (2023)	$1.0T

Data Accuracy: YELLOW -- Market sizing figures are from third-party industry reports.

The Competitive Field

Company	Positioning	Stage / Funding	Notable Differentiator
Splita	Real-time group payment settlement via virtual card; Africa-inclusive focus.	Pre-Seed (2026); amount undisclosed.	Aims to close the loop from receipt scan to instant payment.
Splitwise	Digital ledger for tracking shared expenses and IOUs.	Bootstrapped; later-stage.	Ubiquitous brand recognition.
Tab	Restaurant bill splitting integrated directly with point-of-sale systems.	Venture-backed (Series A, 2023).	Direct POS partnerships.
Splid	Mobile app for splitting bills and calculating tips.	Early-stage.	Offline functionality.

Data Accuracy: YELLOW -- Competitor profiles are based on public positioning.

Opportunity

Splita’s opportunity rests on capturing a meaningful share of the fragmented, high-frequency group payments market. The founder’s recognition in the 2026 Africa’s Business Heroes competition signals early validation of the entrepreneurial concept [Technext, June 2026].

Data Accuracy: YELLOW -- The opportunity analysis is based on the company's stated product goals and founder background.

Sources

1. [LinkedIn, June 2024] Splita - Group Payments, Simplified | https://www.linkedin.com/in/arinzeokigbo/
2. [splita.co, retrieved 2026] Splita - The smartest way to split the bill | https://www.splita.co/
3. [LinkedIn, retrieved 2024] Arinze Okigbo - Software Developer - Queralt Inc. | https://www.linkedin.com/in/arinzeokigbo/
4. [Technext, June 2026] ABH 2026: 17 Nigerian entrepreneurs make top 100 | https://technext24.com/2026/06/11/abh-2026-17-nigerian-make-top-100/
5. [The Org, retrieved 2024] Arinze Okigbo - Fellow at ColorStack | https://theorg.com/org/colorstack/org-chart/arinze-okigbo
6. [LinkedIn, retrieved 2026] Dayo Adebari - Splita | https://uk.linkedin.com/in/oluwadayobomi-adebari
7. [Tracxn, retrieved 2026] Splita funding profile | https://tracxn.com/
8. [Precedence Research, 2023] Global Digital Payments Market Report | https://www.precedenceresearch.com/digital-payment-market
9. [GSMA, 2024] State of the Industry Report on Mobile Money | https://www.gsma.com/sotir/
10. [McKinsey, 2022] The 2022 McKinsey Global Payments Report | https://www.mckinsey.com/industries/financial-services/our-insights/the-2022-mckinsey-global-payments-report
11. [TechCabal, 2024] Nigeria's Data Protection Act: What it means for fintechs | https://techcabal.com/2024/01/15/nigeria-data-protection-act-fintech/
12. [Crunchbase] Splitwise Company Profile | https://www.crunchbase.com/organization/splitwise
13. [Crunchbase, 2023] Tab (Tabit) Company Profile and Funding | https://www.crunchbase.com/organization/tab-2f5c