Slice funding, investors and company details

Slice is an emerging Banking and Finance startup from Bengaluru, working in the space of Digital-first bank. Founded by Rajan Bajaj.

Company: Slice small finance bank Limited
Sector: Banking and Finance
Location: Bengaluru
Founders: Rajan Bajaj
Total funding raised: ₹645.85 Cr

Company overview

Slice operates as Slice Small Finance Bank, a Bengaluru-based digital-first bank post-merger with North East Small Finance Bank, providing full-stack consumer banking for young Indians. Core services include zero-balance savings accounts with daily interest, fixed deposits, UPI payments, UPI credit cards (slice super card), short-term loans, bill payments, and investments via app-based platform. Operations emphasize transparent low-cost credit, fraud prevention, instant disbursals, and physical expansion like India's first UPI-powered bank branch/ATM in Koramangala for deposits/withdrawals.

Funding rounds

Latest round (Debt): $ 30.00 Mn (₹251.10 Cr.), 2024-07-19. Investors: Neo Markets
Past round: $ 50.00 Mn (₹394.75 Cr.), 2022-06-01. Investors: Moore Strategic Ventures, Insight Partners, GMO VenturePartners