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Live News EQUITY ARTICLE L impact

Slice raises $100 million in first funding after becoming a bank

Slice is raising $100 million in its first funding round since becoming a bank, valuing the fintech-turned-lender at $450-470 million, people familiar with the matter said.

CIFL

Mumbai, Sept.

3 -- Slice is raising $100 million in its first funding round since becoming a bank, valuing the fintech-turned-lender at $450-470 million, people familiar with the matter said.This is less than a third of the roughly $1.5 billion valuation that Slice commanded in 2022.An extraordinar…