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Slice finalizes merger with North East Small Finance Bank to create unified banking entity

Oct 28, 2024

Acquiring Company

Slice

Acquired Company

North East Small Finance Bank (NESFB)

BengaluruInformation TechnologyFinancial ServicesBankingFinancial ServicesFinanceLendingBanking

Description

Fintech startup slice has successfully completed its merger with North East Small Finance Bank (NESFB), forming a unified banking entity. The merger aims to introduce a comprehensive suite of banking products, expand stake, and strengthen roots in the Northeast, ensuring uninterrupted services for existing NESFB and slice customers.

Quick answer

Slice is acquiring North East Small Finance Bank (NESFB), announced October 28, 2024. Slice is based in Bengaluru, Karnataka, India.

How much did Slice pay for North East Small Finance Bank (NESFB)?
The deal value was not disclosed.
What does Slice do?
slice is a fintech startup that offers payments and lending services.
Where are Slice and North East Small Finance Bank (NESFB) based?
Slice is based in Bengaluru, Karnataka, India.
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.

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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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Frequently asked

Who acquired North East Small Finance Bank (NESFB)?

North East Small Finance Bank (NESFB) was acquired by Slice, based in Bengaluru. The deal was reported on October 28, 2024. slice is a fintech startup that offers payments and lending services. Slice is privately held and operates in Information Technology.

When did Slice acquire North East Small Finance Bank (NESFB)?

Slice's acquisition of North East Small Finance Bank (NESFB) was reported on October 28, 2024. Fintech startup slice has successfully completed its merger with North East Small Finance Bank (NESFB), forming a unified banking entity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does North East Small Finance Bank (NESFB) do?

North East Small Finance Bank (NESFB) is a traditional bank that focuses on delivering exceptional customer experience while maintaining robust risk management and governance as the foundation of its operations. It is privately held, operating in Financial Services.

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