Economy

Fintech Startup Slice Raises $100 Million at Reduced Valuation

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THE BRIEF
1

Fintech firm Slice has secured $100 million in a new funding round led by Neo Wealth, Kado Global, and Moore Strategic Ventures.

2

The investment comes at a valuation of approximately $470 million, representing a significant reduction of over 50% from its previous peak valuation.

3

The company is currently undergoing a strategic pivot as it integrates its banking operations and adjusts to the evolving regulatory landscape for digital lenders in India.