Splitit

The service will initially launch in Germany, France and Spain, with plans to expand into other global markets.

Initially, Worldline plans on integrating Splitit into its North American processing platform before expanding into other geographies.

Nandan Sheth moves from Fiserv, where he was head of global digital commerce and the firm’s Carat business.

Woodson Capital has become a substantial shareholder.

Splitit (formerly PayItSimple) has launched an instalment payment solution for debit cards.