Combine the rolled oats and hot milk in a bowl.
Stir well and let it sit for 15 to 20 minutes until the oats soften.
Preheat the oven to 350 degrees Fahrenheit.
Grease and line an 8 inch round or square cake pan.
In a large bowl whisk together the melted butter or oil, sugar, eggs, and vanilla extract until smooth.
Stir the soaked oats into the wet mixture.
In a separate bowl mix the flour, baking powder, baking soda, cinnamon, and salt.
Gently fold the dry ingredients into the wet batter until just combined.
Pour the batter into the prepared pan.
Bake for 30 to 35 minutes until a toothpick inserted in the center comes out clean.
Cool the cake in the pan for 10 minutes.
Transfer to a wire rack and let it cool completely.
Slice and serve plain or dusted with powdered sugar.
Prep Time: 20 minutes
Cook Time: 35 minutes
Total Time: 55 minutes
Servings: 8
Kcal: 260 per serving
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