4th June 2026
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Managing supplier payments has never been a one-size-fits-all problem. Some invoices need to be paid in full upfront. Others come with staged terms - a deposit now, the balance later. And sometimes you're juggling Kikin funding alongside your own cash reserves. Until now, Kikin handled one payment per invoice. That changes today.
Split Payments is live, and it gives you the ability to set up multiple payments against a single invoice - including payments made outside of Kikin entirely. Upload your invoice, configure your payment schedule, and let Kikin take care of the rest.
The most common piece of feedback we hear from customers is that their supplier payment terms don't always match a simple, single-payment structure. Real supplier relationships are messier than that. Deposits are requested before production begins. Balance payments fall due on delivery. Partial payments get made from company accounts while the rest is financed. Kikin should reflect how businesses actually operate - not force you to work around it.
Split Payments is our answer to that.
You can now divide a single invoice into as many as 10 separate payments, each with its own date and amount. Once you've set up your schedule, Kikin locks it in and handles each payment automatically - no need to log back in and trigger them manually.
Not every payment goes through Kikin, and that's fine. If you're covering part of an invoice with your own funds, you can log that as an external settlement directly against the invoice. This keeps your Kikin account accurate and gives you a complete view of what's been paid and what's still outstanding.
Circumstances change. If you need to add another payment or log an additional external settlement after the initial setup, you can revisit any invoice and make updates whenever you need to.
Setting up Split Payments takes just a few minutes. Here's how the flow works from start to finish.
Step 1: Confirm the total invoice amount
Before setting up any payments, make sure the total invoice amount reflects the full value of the invoice. This is the figure everything else is calculated against, so it's important it's correct before you move on.
Step 2: Set up your payment schedule
Once the invoice amount is confirmed, you can split it into up to 10 individual payments. Each payment has its own amount and repayment date, so you can map your schedule directly to your supplier's terms - whether that's a deposit now, a balance on delivery, or anything in between.
Step 3: Add any external settlements
If part of the invoice is being paid outside of Kikin - from your own cash, for example - click + Add external settlement to log it. This keeps your payment trail complete and ensures your Kikin account reflects exactly what's been paid and what's still outstanding.
Step 4: Sign your loan terms
The final step brings everything together. You'll review and sign the loan terms for all of your Kikin payments in a single flow - no need to sign separately for each one. Once that's done, everything is set up and ready to go. Kikin takes it from there.
This is the most common scenario Split Payments was built for. Say you're placing a production order with a supplier who requires 50% upfront to begin manufacturing, with the remaining 50% due on delivery.
Previously, you'd need to handle these as two separate Kikin requests, or manage the deposit outside of Kikin entirely. Now you can upload the full invoice, set up a payment for 50% today and a second payment timed to the delivery date, and Kikin handles both automatically. One invoice, two payments, nothing to remember.
Sometimes you want to use Kikin to cover part of an invoice and pay the rest yourself — perhaps you have some cash available but not enough to cover the full amount, or you want to keep a portion off your Kikin credit line.
With external settlements, you can log the portion you're paying directly and finance the remainder through Kikin. Everything is recorded against the same invoice, so you always know exactly where things stand.
For businesses ordering high-value stock on long lead times — think seasonal inventory, custom manufacturing, or bulk commodity purchases — it's common for suppliers to request payments at multiple milestones: on order, mid-production, and on shipment.
Split Payments lets you map these milestones directly in Kikin. Set up each payment to align with the relevant stage, and your cash flow is planned well in advance with no manual intervention required at each milestone.
International suppliers often have more complex payment structures, particularly where currency exchange or letters of credit are involved. A supplier might require an initial transfer to confirm the order, a second payment when goods are dispatched, and a final settlement on receipt.
You can now reflect all of this within a single Kikin invoice, keeping your records clean and giving you full visibility across every stage of the payment.
If your cash position improves mid-way through a financing period and you want to reduce your outstanding balance, you can log a partial external settlement to reflect what you've paid down early. This keeps your account up to date and means you're not paying fees on an amount you've already settled.
The principle behind Split Payments is straightforward: you should be able to set up an invoice once and know everything is taken care of. No chasing payment dates, no manual transfers to remember, no disconnect between what's in Kikin and what's actually been paid.
For growing businesses where finance and operations often sit with the same small team, removing that administrative overhead matters. The less time you spend managing payment logistics, the more time you have to focus on the business itself.
Split Payments is available now in your Kikin dashboard. Head to any invoice and you'll see the option to add multiple payments or log an external settlement.
If you haven't started using Kikin yet, you can get set up and access your credit line in minutes at kikin.io.
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