Slice

sliceit.com

Services

Slice offers a range of financial services designed to streamline payment processes for users. This includes a UPI-first account that enables seamless pinless UPI payments, completing transactions in just 1 second. Additionally, users can analyze their spending in real-time and set spending trends, which helps in budgeting and managing finances more effectively. The company also provides instant cashback on payments made via UPI and card, incentivizing users to transact through their platform.

License and Regulatory Approvals

Slice has received a prepaid pay license from the Reserve Bank of India, allowing the company to operate as a licensed entity in the financial sector. Furthermore, it has received approval for a merger with North East Small Finance Bank from the Competition Commission of India. These regulatory milestones enable Slice to expand its reach and offer more robust financial solutions to its users.

Funding and Investments

Slice has secured significant funding to fuel its growth and innovation. The company became a unicorn after raising $220 million in a funding round led by Tiger Global, Insight Partners, and Advent. Prior to this, Slice had garnered $50 million in funding from Tiger Global. These substantial investments underline investor confidence in Slice’s business model and growth trajectory.

Sponsorships and Marketing

To enhance its brand visibility, Slice signed a major sponsorship deal, becoming the principal sponsor for Mumbai Indians, a prominent team in the Indian Premier League (IPL). This sponsorship aligns Slice with a strong brand in the sports industry and helps the company reach a wider audience through sports marketing.

Work Culture and Employee Benefits

In an effort to attract and retain top talent, Slice introduced a three-day work week. This initiative is aimed at offering a better work-life balance to its employees and fostering a more productive and satisfied workforce. This innovative approach to work culture reflects the company's commitment to employee well-being and modern work practices.

Headquarters

Slice is headquartered in Bengaluru, India. This location positions Slice in a major tech hub, allowing access to a rich pool of talent and a vibrant startup ecosystem. Bengaluru is known for its tech infrastructure and innovation, making it an ideal base for a fintech company like Slice.

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