Slice takes $100M downround at $450M valuation
Fintech startup Slice secured $100 million from Neo Wealth, Kado Global, and Moore Strategic Ventures after earlier funding talks with Accel, Elevation Capital, and Peak XV Partners collapsed. The new round values the company at $450 million, down nearly 70% from its prior valuation.
Sources: moneycontrol.com
“The downround reflects broader fintech struggles as investors prioritize profitability over growth, a shift from the sector’s recent bullish funding cycles.”
Read the original reporting
The outlets below did the original reporting.
Related briefs
- Finance teams retool as systems architects, not just bean counters
- Felix Pago tests LSE’s private market with $200M Series B in hand
- Simple Energy’s $180M round drives India’s weekly funding surge
- Banks shift from buying AI to building it in-house
- Shionogi backs Celaid’s Series B, hinting at deeper biotech ties
This brief was drafted automatically from the sources above and published under our editorial policy. Spotted an error? Tell us.