Splash Raises $4.3 Million to Grow Student Loan Refinancing Options

Financing

Splash Raises $4.3 Million to Grow Student Loan Refinancing Options

Jun 16, 2019

SPLISH SPLASH: Splash Financial, a Cleveland-based student loan refinancing company, has raised $4.3 million in a round led by CMFG Ventures, the venture capital arm of CUNA Mutual Group. Northwestern Mutual Future Ventures, the VC arm of Northwestern Mutual, also participated.

Founded in 2015, Splash will use the money toward adding more lending partners like banks and credit unions as well as branding, according to a statement earlier this month.

Other companies that focus on student loan services and received funding in recent years include SoFi, Credible and Earnest.

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