Fintech Partnership Between FNWB and Splash Financial
- 13.01.2022 11:40 am
First Northwest Bancorp (FNWB) announced a new fintech partnership with Splash Financial, a leading digital lending platform that helps borrowers easily shop and compare financial products. Through its subsidiary, First Fed Bank, FNWB will work collaboratively with Splash to develop and deploy consumer loan products and solutions throughout the country.
“Our strategic partnership brings together the best of fintech and community banking,” shared Matt Deines, CEO of FNWB and First Fed. “We are excited to partner with such an innovative company to meet the needs of customers across the United States.”
“As a leading digital lending platform, we leverage technology to make it easy for borrowers to shop and compare financial products. So we are excited to partner with First Fed and expand our lending opportunities to meet a more diverse range of customers and their needs,” stated Steve Muszynski, Founder and CEO of Splash Financial.
Splash Financial is a national leader in refinancing student loans, helping consumers save money on educational financing and personal loans. Splash raised $44M in Series B in June 2021, bringing its total funding to $60.9M.
First Fed received a best-in-state bank award from Forbes in 2021. Also, the community bank was recognized as a “middle market fast 50” and “best workplace” by Puget Sound Business Journal. First Fed will be celebrating its centennial in 2023 in Port Angeles, Washington.