Splash Financial Secures $70 Million in Series C Funding

September 23, 2025
Splash Financial has raised over $70 million in a Series C funding round, led by Grand Oaks Capital, to expand its AI-enabled lending marketplace.

Splash Financial has raised more than $70 million in a Series C funding round, announced in a press release. The round was led by Grand Oaks Capital, with participation from First Tech Federal Credit Union, Curql Collective, The O.H.I.O. Fund, and existing investors.

The funding will support Splash Financial's growth and the launch of a new home equity line of credit (HELOC) product. Splash connects consumers with credit unions and banks through automated loan processing technology, offering competitive rates and a modern borrowing experience. Since its founding, Splash has processed over $6 billion in loans and raised more than $135 million in total equity funding.

With this new capital, Splash aims to expand its network of credit unions and banks, providing them with the tools to reach more borrowers and deliver a streamlined lending experience. The company, known for its student loan refinancing and personal loans, now offers homeowners a flexible way to access the value of their homes through HELOCs.

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