About Splash Financial
Splash Financial is a company based in Cleveland (United States) founded in 2013 by Steve Muszynski. Splash Financial has raised $149.38 million across 8 funding rounds from investors including Northwestern Mutual, First Technology Federal Credit Union and Detroit Venture Partners. The company has 68 employees. Splash Financial offers products and services including Personal Loans, Student Loan Refinancing, In-School Student Loans, and Medical School Loan Refinancing. Splash Financial operates in a competitive market with competitors including Lend Grow, FitBUX, apay, Nelnet Bank and Yrefy, among others.
- Headquarter Cleveland, United States
- Employees 68
- Founders Steve Muszynski
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website splashfinancial.com
- Social LinkedIn X Facebook
- Legal Name Splash Financial, Inc.
- Total Equity Funding$149.38M (USD)
in 8 rounds
- Latest Funding Round$71M (USD), Series C
Sep 2025
- InvestorsNorthwestern Mutual
& 9 more
- Employee Count68
Products & Services of Splash Financial
Splash Financial offers a comprehensive portfolio of products and services, including Personal Loans, Student Loan Refinancing, In-School Student Loans, and Medical School Loan Refinancing.
Platform for consolidating debt with fixed rates and flexible terms.
Refinances existing student loans based on user qualifications and terms.
Provides loans for students still in school with specific rate options.
Refinances loans for medical residents with low monthly payments during training.
Funding Insights of Splash Financial
Splash Financial has successfully raised a total of $149.38M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $71 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $149.38M
- Total Rounds 8
- Last Round Series C — $71M
- Investors Count 10
All 8 funding rounds of Splash Financial with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $71M | Series C | – | Grand Oak Capital | |
| Feb 2024 | $7M | Series B | – | – | – |
| Jun 2022 | $10M | Series B | – | – | – |
| Jun 2021 | $44.35M | Series B | – | – | |
| May 2020 | $12.5M | Series B | – | CMFG Ventures, Northwestern Mutual | – |
| Jun 2019 | $4.3M | Series A | – | CMFG Ventures | |
| Jul 2016 | – | Debt – Conventional | – | – | – |
| Jul 2016 | $225,000 | Seed | – | – | – |
10 investors in total: 10 institutional.
Investors in Splash Financial
Splash Financial has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Northwestern Mutual, First Technology Federal Credit Union and Detroit Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused VC firm that does seed and early stage investments in the US | – | detroit.vc | Detroit, United States | |
Early-stage founders are supported through impactful venture capital investments. | – | fireboltventures.com | Palo Alto, United States | |
Early-stage investments are targeted by the venture capital firm. | – | nmfutureventures.com | Milwaukee, United States | |
Corporate-backed venture capital firm focused on fintech, Insurtech, and multiple sectors | – | cmfgventures.com | Madison, United States | |
Corporate venture capital firm backed by Citi | – | citi.com/ventures | San Francisco, United States | |
Curql is focused on connecting credit unions with fintech investments. | – | curql.com | Des Moines, United States | |
Northwestern Mutual is engaged in financial planning and insurance services. | 1857 | northwesternmutual.com | Milwaukee, United States | |
Provides data-driven energy trading services to improve investor portfolios effectively. | 2018 | grandoakcapital.net | Houston, United States | |
Investment opportunities in Ohio are supported by this firm. | – | theohiofund.com | Cleveland, USA | |
Financial services including loans and savings are provided to members. | 1952 | firsttechfed.com | Mountain View, United States |
Investor details for Splash Financial
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Splash Financial
42 people are tracked at Splash Financial (15 in leadership, 1 in board & advisors, 26 in team); the tracked headcount is 68.
| Name | Role | Group |
|---|---|---|
Steve Muszynski | Founder & CEO | Leadership |
Dan Chang | General Counsel & Chief Compliance Officer | Leadership |
Kyle Nehring | Director Of Technology Operations & Information Security | Leadership |
Tej Brar | Chief Technology and Product Officer | Leadership |
Patrick Leimkuehler | Chief Operating Officer | Leadership |
Steven Muszynski | Founder & CEO | Leadership |
Gurneek Singh | Director Of Data Services | Leadership |
Michael D. Smalley | Senior Vice President Operations | Leadership |
Sabrina Forano Mba, Cuce, Bsacs | Director Of Compliance, Bsa/ofac Officer | Leadership |
Tim Beres | Senior Director, Post Closing Operations | Leadership |
Brian Naccarelli | Vp, Head Of Marketing | Leadership |
Phani Pradeep Kommana | Vice President Of Engineering | Leadership |
Bing Liu | Senior Director Of Marketing Analytics | Leadership |
Quynh Nhu Mai | Senior Director, Head Of People | Leadership |
Andrew Yohman | Director Of Customer Service | Leadership |
Mike Stein | Advisory Board | Board & advisors |
Shavaugn Lewis | General Counsel | Team |
Mike Rodriguez | Senior Software Engineer | Team |
Thomas Wehman | Software Engineer | Team |
Joel Dunham | Senior Software Engineer | Team |
22 more people are available in the full profile.
Complete people profiles for Splash Financial
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Splash Financial
3 dated milestones of Splash Financial across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Splash Financial is founded.
- Funding First funding round.
- Funding Latest funding round, Series C, of $71.0M.
Competitors of Splash Financial
Splash Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lend Grow, FitBUX, apay, Nelnet Bank and Yrefy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lendgrow.com | 2019 | Reston, United States | $225,000 | – | Online marketplace for lending products | |
| fitbux.com | 2015 | San Jose, United States | – | 10 | Student loans and refinancing are facilitated via an online platform. | |
| apayfinancial.com | 2019 | Charlotte, United States | – | – | Student loan refinancing options are provided via an online marketplace. | |
| nelnetbank.com | 2018 | Draper, United States | – | – | Operates a digital marketplace for student loan refinancing solutions. | |
| investyrefy.com | 2017 | Phoenix, United States | – | – | Yrefy is engaged in offering promissory note investments for accredited investors. | |
| silverlionsla.com | 2018 | Beachwood, United States | – | – | Operates a digital hub for student loan consolidation and advisory services. | |
| collegeaiddirect.com | 2007 | Mechanicsville, United States | – | – | College Aid Direct operates a digital marketplace for refinancing education loans to support borrowers. | |
| sloanservicing.com | 2023 | Omaha, United States | – | – | Provides comprehensive student loan servicing solutions to individuals. |
Detailed competitors of Splash Financial
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Splash Financial
The website of Splash Financial (splashfinancial.com) receives about 118K visits a month.
- Monthly visits118K
▲ 21.5% vs previous month
Websites whose visitors overlap most with Splash Financial. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nerdwallet.com | 100% | 22.3M | #2,677 | View details | |
moneytreeinc.com | moneytreeinc.com | 99% | – | #224,047 | – |
| earnest.com | 98% | 795.4K | #61,447 | View details | |
upfinances.com | upfinances.com | 98% | – | #291,119 | – |
| lendmarkfinancial.com | 96% | 290.6K | #157,147 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Splash Financial
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Splash Financial
Complete news archive for Splash Financial
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Splash Financial
10 companies that operate in the same segment as Splash Financial (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about Splash Financial
Splash Financial was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Splash Financial is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Steve Muszynski is the current CEO of Splash Financial. They have also founded this company.
Splash Financial is a funded company, having raised a total of $149.38M across 8 funding rounds to date.
Splash Financial has 68 employees.
Provider of an online marketplace for education loan refinancing. It provides refinancing solutions for student loans and financial education for medical residents and fellows. Students enter the required details and supporting loan documents on the platform to check their eligibility for loans. The eligible students get approved for a new loan and the company pays off the old loans. Students can pay a minimum amount per month during the residency and fellowship training periods. Also provides a loan assessment tool, that enables the student to calculate the savings over the life of the loan, payments, and total cost of the loan.
Splash Financial offers Personal Loans, Student Loan Refinancing, In-School Student Loans, and Medical School Loan Refinancing.
Splash Financial has 10 investors. Key investors include Northwestern Mutual, First Technology Federal Credit Union, Detroit Venture Partners, Firebolt Ventures, and Northwestern Mutual Future Ventures.
Splash Financial operates through Splash Financial, Inc..
The website of Splash Financial receives about 118 thousand visits a month.