Splash Financial Raises $12.3M in Series A Funding

Splash Financial

Splash Financial, a Cleveland, OH-based student loan refinance marketplace, closed a $12.3M Series A funding round.

The round was co-led by CMFG Ventures, LLC, the venture capital entity of CUNA Mutual Group, and Northwestern Mutual Future Ventures, the corporate venture capital arm of Northwestern Mutual.

The company intends to use the funds to expand its national brand and onboard additional lending partners.

Led by Steven Muszynski, Founder and CEO, Splash Financial is a student loan refinancing marketplace and technology platform that partners with financial institutions to help consumers save money on their student loans. The company recently surpassed 100,000 unique customer accounts and $6 billion in refinancing requests.

FinSMEs

26/05/2020

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