Fundz

Indian Fintech Slice Tops $1.5 Billion Valuation In New Funding To Scale Upi Payments

Jun 01, 2022

Round Type

Funding Round

BengaluruInformation TechnologyFinancial ServicesBanking

Description

Slice, a fintech startup that is bringing credit card features to millions of Indians, has raised $50 million in a new financing round as it looks to scale its recently launched UPI payments product and push to make its core credit business profitable.

Quick answer

Slice raised an undisclosed amount in a Funding Round round, dated June 1, 2022. Slice is based in Bengaluru, Karnataka, India.

How much did Slice raise?
Slice raised an undisclosed amount in a Funding Round round on June 1, 2022.
What does Slice do?
slice is a fintech startup that offers payments and lending services.
Where is Slice based and how big is it?
Slice is based in Bengaluru, Karnataka, India. Fundz records about 1,236 employees.
Who are the decision-makers at Slice?
Fundz holds 1 contact at Slice. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Banking around the same time

Companies in the same sectors as Slice that raised within 45 days of this round, from Fundz verified event records.

  • Ensysce Biosciences raised $4.2M (Seed) on July 8, 2022.
  • Helicap raised $5M (Funding Round) on June 22, 2022.
  • Team raised $25M (Grant) on June 16, 2022.
  • Colony Bankcorp raised $40M (Funding Round) on May 23, 2022.
  • Glacier Bancorp raised $4.5M (Seed) on April 19, 2022.
  • 5 Ire raised $100M (Funding Round) on July 15, 2022.

Who to call at Slice, and when

A new round usually means Slice is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Slice raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Slice, from your own LinkedIn network

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Company Information

Company

Slice

Location

Bengaluru, Karnataka, India

About

slice is a fintech startup that offers payments and lending services. After completing the merger with North East Small Finance Bank (NESFB), it has formed a unified banking entity, with a focus on introducing a comprehensive suite of banking products, and expanding its stake over time. The company aims to provide uninterrupted services for existing NESFB and slice customers.

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Slice raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.