Full-Time
Posted on 2/4/2025
Connects borrowers with lenders for refinancing
No salary listed
Mid, Senior
Remote in USA
Splash Financial operates in the loan refinancing market, focusing on student loans and personal loans for U.S. citizens who meet specific creditworthiness criteria. The company connects borrowers with lenders to offer competitive refinancing rates, although approval and rates depend on individual financial circumstances. A distinctive feature of Splash Financial is its emphasis on refinancing loans for medical students currently in residency or fellowship programs, catering to a specific market segment. However, their services are not applicable 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. The company likely generates revenue through fees for its refinancing services.
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$67.7M
Headquarters
Cleveland, Ohio
Founded
2013
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Remote Work Options
Unlimited Paid Time Off
Paid Holidays
Company Equity
Health Insurance
Parental Leave
401(k) Retirement Plan
Splash Financial has filed a notice of an exempt offering of securities to raise $7,002,249.00 in New Equity Investment.Frisco, Texas — According to state and local development sources, Thomson Reuters plans to invest $835,000.00 to build out 46,000 square feet of new space in Frisco. The company plans to occupy the new space at 6160 Warren Pkwy in Frisco, on or about July 1, 2024. According to the company website Thomson Reuters is the worlds leading provider of news and information-based tools to professionals. Our worldwide network of journalists and specialist editors keep customers up to speed on global developments, with a particular focus on legal, regulatory and tax changes. Our customers operate in complex arenas that move society forward tax, law, compliance, government, media. In a disruptive digital age, we help professionals reinvent themselves
In 2022, First Fed also partnered with Torpago, a corporate credit card fintech, and partnered with Splash Financial to develop consumer loan products.
“Splash Financial is a pioneer in the fintech industry – we’re delighted to assist them in the deployment of technologies that help a wide-range of consumers finance some of the important decisions in their lives,” said FairPlay founder and CEO Kareem Saleh. .
In 2013, Splash Financial was launched as an online student loan lender for students in the US.
On behalf of FNWB, First Fed will work collaboratively with Splash Financial to help develop and deploy consumer loan products and solutions throughout the country.