Digital banking platform Slash has successfully raised $100 million in a Series C funding round led by Ribbit Capital, with participation from Goodwater Capital and Khosla Ventures. This latest investment brings Slash's post-money valuation to approximately $1.4 billion and total funding to $160 million.
Slash, which caters to over 5,000 enterprise clients, offers a suite of services including business accounts, virtual accounts, stablecoin payments, expense management, automated accounting, and real-time payments. The company plans to utilize the new capital to enhance product development and strengthen its position as a central financial hub for businesses.
Slash Secures $100M in Series C Funding, Valued at $1.4 Billion
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