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Slash, a vertical banking startup, has raised $41 million in Series B funding led by Goodwater Capital. This financing will support its growth and development efforts.

May 20, 20257 months ago

Amount Raised

$41 Million

San FranciscoFintechFinance

Description

Two Gen Z college dropouts have successfully raised $41 million for their startup, Slash, which focuses on vertical banking. This significant funding round will help the company expand its offerings and reach more customers. Investors were drawn to Slash's innovative approach to banking. The funds will be utilized for operational growth and product development.

Company Information

Company

Slash

Location

San Francisco, California, United States

About

Slash is the banking platform of choice for over 2,000 of America's most innovative businesses. Our all in one virtual card, banking, bill pay, and accounting automation platform helps entrepreneurs stay on top of their finances, allowing them to spend more time doing what they love. Slash powers over 3 billion dollars a year in purchases.

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech