Slice

Slice's Financial Services

Slice offers a UPI-first account, providing users with a seamless and innovative banking experience. The company’s unique pinless UPI payment service completes transactions in just one second, setting it apart in the fintech space. Additionally, Slice enables users to analyze their spending in real-time and establish spending trends, empowering them to make informed financial decisions. The platform also offers instant cashback on payments made via UPI and card, enhancing the value proposition for its users.

Slice's Regulatory Approvals

Slice has received a prepaid pay license from the Reserve Bank of India, a critical milestone that underscores its compliance with stringent regulatory standards. Furthermore, the Competition Commission of India has approved Slice's merger with North East Small Finance Bank, paving the way for expanded services and a broader customer base. These regulatory approvals are significant as they enhance Slice's credibility and trustworthiness in the highly competitive fintech industry.

Slice's Funding and Growth

Slice has demonstrated remarkable growth, evidenced by securing $220 million in funding from prominent investors including Tiger Global, Insight Partners, and Advent. This funding round elevated the company to unicorn status, highlighting its strong market position and potential for future growth. Additionally, an earlier $50 million funding round led by Tiger Global further bolstered its financial foundation. These substantial investments enable Slice to innovate and expand its service offerings continually.

Slice's Sponsorship and Marketing

In a major marketing move, Slice signed on as the principal sponsor for the Mumbai Indians, one of the most successful teams in the Indian Premier League. This sponsorship deal significantly boosts Slice's brand visibility and aligns it with a high-profile sports franchise, enhancing its market presence. Such strategic partnerships are crucial for building brand recognition and attracting a broader customer base.

Slice's Work Culture

Slice has introduced a three-day work week as part of its strategy to attract and retain top talent. This innovative approach to work-life balance reflects the company’s commitment to fostering a supportive and flexible work environment. Headquartered in Bengaluru, India, Slice aims to create a dynamic workplace that promotes employee well-being and productivity, making it an attractive employer in the competitive fintech sector.