Full-Time

Head of Capital Markets

Confirmed live in the last 24 hours

Splash Financial

Splash Financial

51-200 employees

Connects borrowers with lenders for loan refinancing

Fintech
Financial Services

Expert

Remote in USA

Category
Corporate Finance
Investment Banking
Finance & Banking
Requirements
  • 10+ years of experience in capital markets, investment banking, or corporate finance, with a focus on fintech or financial services.
  • Proven track record of successfully managing large-scale debt and equity transactions.
  • Strong knowledge of financial markets, regulatory frameworks, and innovative financing solutions.
  • Exceptional communication and negotiation skills, with the ability to present complex financial information to diverse stakeholders.
  • Strategic mindset and analytical rigor, with experience driving decisions in fast-paced, high-growth environments.
Responsibilities
  • Develop and execute a comprehensive capital markets strategy to support Splash’s growth and operational goals.
  • Lead capital-raising initiatives, including securing debt facilities and equity financing, with a focus on achieving optimal terms.
  • Build and maintain relationships with financial institutions, investment banks, rating agencies, and other capital providers.
  • Monitor market trends, regulatory developments, and competitive dynamics to identify opportunities and mitigate risks.
  • Collaborate with the executive team to align financing strategies with company objectives and present recommendations to the board of directors.

Splash Financial operates in the loan refinancing market, focusing on student loans and personal loans for U.S. citizens who meet specific lender requirements. The company connects borrowers with lenders to offer competitive refinancing rates, although approval and rates depend on individual financial circumstances. A key feature of Splash Financial is its specialization in medical student refinance loans, catering specifically to those in residency or fellowship programs. This targeted approach allows them to provide tailored financial solutions for a niche market. However, their services are not suitable for all loan types, as personal loans cannot be used for real estate or education expenses, and refinancing federal student loans results in the loss of associated benefits. Splash Financial likely generates revenue through fees for its services.

Company Stage

Late Stage VC

Total Funding

$67.7M

Headquarters

Cleveland, Ohio

Founded

2013

Growth & Insights
Headcount

6 month growth

6%

1 year growth

4%

2 year growth

-14%
Simplify Jobs

Simplify's Take

What believers are saying

  • AI-driven underwriting processes can reduce operational costs and improve loan approval accuracy.
  • Embedded finance solutions expand Splash's reach and customer base.
  • Partnerships with employers for financial wellness programs offer new growth opportunities.

What critics are saying

  • Increased competition from new fintech startups could erode market share.
  • Rising interest rates may deter borrowers from refinancing loans.
  • Partnership with First Fed Bank under FDIC scrutiny poses reputational risks.

What makes Splash Financial unique

  • Splash Financial offers a unique hybrid marketplace model for loan refinancing.
  • Focus on medical student refinance loans sets Splash apart in a niche market.
  • Automated underwriting platform enhances efficiency and customer satisfaction.

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