Slice (company)
| File:Slice company logo.png | |
| Type of business | Private |
|---|---|
| Founded | January 2016 |
| Headquarters | Bangalore, Karnataka, India |
| Area served | India |
| Founder(s) | Rajan Bajaj[1] |
| Key people | Rajan Bajaj (CEO)[2] |
| Industry | Financial technology Non-banking financial services |
| Website | sliceit |
| Users | 3 million (2021)[3] |
Slice (stylized as slice and formerly known as SlicePay)[2] is an Indian fintech company, based in Bangalore. Founded in 2016, Slice is an app-based credit card challenger in India. The company has a non-banking financial company (NBFC) license from the Reserve Bank of India.
History
Slice was co-founded in January 2016 by Rajan Bajaj. The company started its operations initially by providing EMI payments services to the millennials and Gen Z population.[4][5][6][7] In 2019, in partnership with Visa, it launched the slice card which allows users to make both online and offline payments.[8][9] It also received a non-banking financial company (NBFC) license from the Reserve Bank of India in the same year.[10]
Funding
Slice raised funding in both equity and debt from Gunosy Capital, Northern Arc and Das Capital, among other investors. It has raised a total of $73.7 million in debt and equity, as of July 2021.[11]
Awards and recognition
See also
- List of companies of India
- Nubank
- Challenger bank
References
- ↑ Sarkar, Brinda (13 January 2021). "Slice looks to hire 300 employees, ramp up product and tech teams". Economic Times. Retrieved 30 July 2021.
- ↑ 2.0 2.1 Soni, Yatti (1 November 2019). "slice Finds A Niche With Its Digital Payment Card For Underserved Students And Freelancers". Inc42 Media. Retrieved 30 July 2021.
- ↑ "Slice raises $20 million to go after the credit card industry in India". TechCrunch. Retrieved 30 July 2021.
- ↑ Kumar, Rajeev (6 July 2021). "How a Bengaluru-based startup is solving credit card woes of GenZ and millennials – slice by slice". The Financial Express. Retrieved 30 July 2021.
- ↑ Down, Nirmalya (7 November 2017). "SlicePay: The 'buy now, pay later' start-up for students". Rediff. Retrieved 30 July 2021.
- ↑ Sanghvi, Disha (28 August 2019). "Easy credit can derail students' money lives". Mint. Retrieved 30 July 2021.
- ↑ Bhakta, Pratik (31 July 2020). "Slice Strengthens Top Deck, Poised For Growth In A Post-COVID World". Moneycontrol. Retrieved 30 July 2021.
- ↑ Shah, Ishan (13 August 2020). "Why Rajan Bajaj of Slice thinks this is the best time to acquire customers?". Economic Times. Retrieved 30 July 2021.
- ↑ Abrar, Peerzada (24 May 2021). "Slice, credit provider for young professionals, eyes $1 bn gross transactions". Business Standard India. Retrieved 30 July 2021.
- ↑ Tripathi, Dhirendra (25 January 2019). "Student microfinancing start-up SlicePay gets RBI licence for NBFC play". Mint. Retrieved 30 July 2021.
- ↑
- "Slice raises $23 mn debt in FY21 from Northern Arc Capital, Vivriti, 16 other lenders". VCCircle. 24 May 2021. Retrieved 30 July 2021.
- "Fintech startup slice raises $20 million". The Times of India. 28 June 2021. Retrieved 30 July 2021.
- Variyar, Mugdha (3 September 2018). "FinUp finances SlicePay in Series A, deal estimated at $15 million". The Economic Times. Retrieved 30 July 2021.
- "Student micro-financing startup SlicePay raises Series A round". VCCircle. 6 October 2017. Retrieved 30 July 2021.
- "Slice raises $6M to help young Indians pay digitally and build credit score". TechCrunch. Retrieved 30 July 2021.
- "Payments platform Slice raises $5.2 million in debt funding". Techcircle. 12 November 2020. Retrieved 30 July 2021.
- Mittal, Aarzoo (19 September 2019). "Millennial-focused fintech startup SlicePay scores Rs 20.5 Cr in debt". Entrackr. Retrieved 30 July 2021.
- ↑ "NASSCOM Emerge 50 Awards 2020" (PDF). NASSCOM. Retrieved 30 July 2021.
- ↑ "Announcing the winners for the ORIGIN Innovation Awards 2020 · TechNode". TechNode. 19 November 2020. Retrieved 30 July 2021.
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