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Slash Financial Inks $100M Series C Round

2026-04-16
SAN FRANCISCO, CA, Slash Financial, the banking platform1 built for modern businesses, is now valued at $1.4 billion following a $100 million Series C funding round led by Ribbit Capital.
New investor Khosla Ventures and Goodwater Capital, who led Slash's Series B just 16 months ago, co-led the round. This latest funding elevates Slash to unicorn status and brings the total amount of capital raised to more than $160 million. New Enterprise Associates and Y Combinator also participated in the round and are investing in Slash for a fourth time.

Slash Financial is a banking platform built for modern businesses. Founded by CEO Victor Cardenas and CTO Kevin Bai, Slash combines FDIC-insured business checking, corporate cards with uncapped cashback rewards, expense management, treasury management, global payments, and stablecoin support into a single platform purpose-built for the financial workflows of modern businesses.2, 3, 4 Slash serves digital-first businesses across affiliate marketing, e-commerce, healthcare, home services, crypto, and dozens of other industries.
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