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Splash Financial
Digital lending platform
- 101-200 employees
- B2C
- Lending
- SaaS
- Automation
- Downtown, Cleveland, OH
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Company mission
To create a faster and less expensive financial world.
33% employee growth in 12 months
Our take
The importance and sophistication of digital lenders is a growing space. Splash Financial is spearheading a digital transformation strategy that will meet new demands for consumers; to be able to compare, shop and save on financial products from the comfort of their own homes. The company provides an online lending platform to democratize access to better student loan offers.
Since 2012, student loan rates have been as high as 7.9%. By comparison, in 2021, Splash customers received an average rate of 3.5% As a result, Splash saw a 52% year-over-year increase in student loans in 2021.
Recent investments will be used to further accelerate growth within Splash's expanding lender network and automated underwriting platform, by accelerating new member and loan acquisitions.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Paid parental leave
- 401K
- Medical, dental and vision insurance
- Unlimited PTO
Funding (last 2 of 6 rounds)
Feb 2024
$7m
LATE VC
Jun 2021
$44.3m
SERIES B
Total funding: $69.6m
This company has top investors
Leadership
Steven Muszynski
(CEO)Experience as Program Commercial Finance Analyst for GE Power & Water before founding Splash Financial in 2013.