Fundz

Splash Financial raises over $70 million in Series C funding led by Grand Oaks Capital to expand its HELOC product and strengthen its market position.

PRIVATESep 17, 2025

Amount Raised

$70 Million

Round Type

Series C

ClevelandFinancial ServicesOther Banking And Financial Services

Investors

First Tech Federal Credit UnionCurql CollectiveThe O.H.I.O. FundGrand Oaks Capital

Description

Splash Financial has secured more than $70 million in a Series C funding round, led by Grand Oaks Capital. The funding will help accelerate growth and launch a new home equity line of credit (HELOC) product. Splash connects borrowers with credit unions and banks through automated technology, and has now raised over $135 million in total equity funding. The company aims to enhance its offerings, supporting community-focused lending institutions.

Quick answer

SPLASH FINANCIAL raised $70 Million in a Series C round, dated September 17, 2025. Investors: First Tech Federal Credit Union, Curql Collective, The O.H.I.O. Fund and Grand Oaks Capital. SPLASH FINANCIAL is based in Cleveland, Ohio, United States.

How much did SPLASH FINANCIAL raise?
SPLASH FINANCIAL raised $70 Million in a Series C round on September 17, 2025.
Who invested in SPLASH FINANCIAL?
First Tech Federal Credit Union, Curql Collective, The O.H.I.O. Fund and Grand Oaks Capital are named as investors in this round.
What does SPLASH FINANCIAL do?
Splash Financial is a financial technology company based in Cleveland, Ohio, founded in 2013.
Where is SPLASH FINANCIAL based and how big is it?
SPLASH FINANCIAL is based in Cleveland, Ohio, United States. Fundz records about 140 employees.

Source: Fundz verified event record.

Who else raised in Financial Services and Other Banking And Financial Services around the same time

Companies in the same sectors as SPLASH FINANCIAL that raised within 45 days of this round, from Fundz verified event records.

  • WORTHY WEALTH raised an undisclosed amount (Funding Round) on October 6, 2025.
  • LevelField Financial raised $200K (Seed) on September 23, 2025.
  • Jones Financial Companies LLLP raised $13M on September 15, 2025.
  • Klarna Group plc raised $112M (Debt Financing) on September 13, 2025.
  • Vijya Fintech raised $1.4M (Seed) on October 31, 2025.
  • Lettuce Financial raised $28M (Series A) on October 31, 2025.

Who to call at SPLASH FINANCIAL, and when

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Company Information

Company

SPLASH FINANCIAL

Location

812 HURON RD. E.

Cleveland, Ohio, United States

About

Splash Financial is a financial technology company based in Cleveland, Ohio, founded in 2013. It operates a marketplace that connects consumers with banks and credit unions for student loan refinancing and personal loans. The company aims to empower individuals to manage their debt more effectively by simplifying the loan process and offering competitive rates through its network of lending partners. Splash Financial specializes in refinancing options for both private and federal student loans, including Parent PLUS loans, and caters particularly to medical and health professionals. It also provides personal loans ranging from $1,000 to $100,000 with flexible terms and competitive APRs. The platform utilizes automated underwriting technology to streamline the loan application and approval process, ensuring a faster and more efficient experience for borrowers. With over 100,000 accounts opened and more than $6 billion in refinancing requests processed, Splash Financial has established itself as a leader in the student loan refinancing market. The company operates entirely online, allowing for quick prequalification and funding, often within one business day.

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SPLASH FINANCIAL raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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