Splash Financial, a lending platform that offers personal loans, has raised $70 million in a Series C led by Grand Oaks Capital, with backing from First Tech Federal Credit Union, Curql Collective, The OHIO Fund, and existing investors including CMFG Ventures, Northwestern Mutual, DST Global, Citi Ventures, and Firebolt. Founded in 2013, the lending marketplace has now raised over $135 million in equity funding and processed more than $6 billion in loans. It is best known for its student loan refinancing platform, which connects borrowers to banks and credit unions. With the new funding, Splash is launching a home equity line of credit (HELOC) product, offering homeowners up to $500,000, while expanding its partner network to deliver broader lending options.

Splash Financial Bags $70M Series C, Launches HELOC Offering