Fintech unicorn Slice has raised $50 million as part of its larger series C round led by Tiger Global, along with participation from its existing investors -Moore Strategic Ventures and Insight Partners, and a new investor - GMO VenturePartners.
With its core credit product set to achieve profitability in the coming months, Slice will be utilizing this new capital to shore up the balance sheet to support the expansion of its new UPI product.
“With the significant growth in wallet share of slice card, it became increasingly clear that our customers would love to use slice for all their payment