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Slice

661

Pay-later card platform targeting millennials and Gen-Z.

Fintech
Digital Lending
Active

Founded

2016

Team Size

500

Total Funding

₹1,245 Cr

Valuation

₹12.4K Cr

About

Consumer fintech company focusing on credit and payments; recently merged with North East Small Finance Bank to transition into a banking entity.

Unique Selling Proposition

Core Differentiator

Simplified credit card alternative with instant approval and gamified UX specifically designed for digitally-native youth without traditional credit scores

Target Market

Millennials and Gen-Z (18-35 years) seeking first credit product

Key Innovation

AI-driven alternative credit scoring enabling instant approvals for underbanked youth segment

Competitive Moats
Brand
Medium

Strong brand resonance with millennials and Gen-Z through digital-first positioning and social media engagement

🧠Data/AI Moat
Medium

Proprietary credit underwriting models for young, credit-invisible segments with limited traditional credit history

🔒Switching Costs
Weak

Card replacement and credit line dependency create moderate user stickiness once activated

Funding Snapshot
Free preview

₹374 Cr

Total Raised

3

Rounds

Series C

Latest · Feb 28 2026

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Full Funding History

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Funding History

Latest Round

2021-01-01

₹374 Cr

Investors

Various Investors

Series C

Feb 28 2026

N/A

Series C

Apr 10, 2025

N/A

Details

Location

Bengaluru, Karnataka

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Founders

Financial Metrics

Growth Rate

33%

Funding Rounds

3

VedAI Score
661/1000
Developing