What’s the future of installment credit globally, and in the U.S. specifically? Alon Feit, the CEO and Co-Founder of Splitit, which provides such POS, retail financing, told FinAi News that installment credit is trending higher. There’s much going on in the space — and at Splitit, in particular — and Feit shares his views on the trend in this video.

Splitit, which is based in Israel, has raised $10 million of debt financing and $5 million in equity to date, according to the company.