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Slice Small Finance Bank closes a $100 million funding round, with a valuation of $470 million, led by Moore Strategic Ventures.

RECENTLY ACQUIREDSep 03, 20262 days ago

Amount Raised

$100 Million

Round Type

Venture - Series Unknown

BengaluruInformation TechnologyFinancial ServicesBanking

Investors

Moore Strategic Ventures

Description

Slice Small Finance Bank has successfully raised $100 million from global and domestic investors. This marks its first institutional fundraise as a bank and reflects a significant decrease from its previous valuation of $1.3 billion. The funding was primarily supported by existing backer Moore Strategic Ventures.

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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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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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