"Slash Financial has successfully raised $100 million in a Series C funding round, achieving a valuation of $1.4 billion. The company has pivoted from its initial focus on sneaker resellers to a broader range of services, now generating $300 million in annualized revenue."
"Founded by Victor Cardenas and Kevin Bai, both of whom dropped out of college at 19, Slash Financial has grown rapidly, claiming 5,000 companies as customers and operating profitably."
Slash Financial, founded by Victor Cardenas and Kevin Bai, has raised $100 million in a Series C funding round, reaching a valuation of $1.4 billion. The company, which offers business banking accounts, corporate credit cards, and crypto services, has pivoted from its original focus on sneaker resellers to a more generalist approach. Slash is currently generating $300 million in annualized revenue and serves 5,000 companies, despite facing competition from firms like Ramp and Brex.
Read at TechCrunch
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