Slash Raises $41M in Series B Funding

Slash Raises $41M in Series B Funding

Slash, a San Francisco, CA-based banking platform provider, raised $41M in Series B funding, at a $370M valuation. Backers included Goodwater Capital, NEA, and Menlo Ventures, bringing the total raised to $60M. The company intends to use the funds to expand operations and its development efforts. Co-founded by Victor Cardenas and Kevin Bai, Slash provides […] The post Slash Raises $41M in Series B Funding appeared first on FinSMEs.

Vertical banking FinTech Slash lands $41m to scale tailored business banking

Business banking FinTech Slash, which offers industry-specific financial solutions, has raised $41m in fresh funding to accelerate its mission to transform the one-size-fits-all approach in business banking. According to Finextra, the investment round brings the company’s valuation to $370m. Backers in this latest round include Goodwater Partners, NEA, and Menlo Ventures. This follows Slash’s $19m Series A round in 2023. Founded with an initial …