Last updated: Apr 19, 2024
- Brand NameSlice
- HeadquarterBengaluru
- No. of Employees982
- Industry
Fintech
- Founded Year 2016
- Company StatusMerged
- Highlights
- Total Funding₹2616.60 Cr
- Funding Rounds12
- FY 2022-23 Revenue₹867.82 Cr
- FY 2022-23 Loss-₹405.78 Cr
About Slice
slice app brings a fast and simple way to make payments for millions of users, be it credit or UPI. Credit card platform Slice, helped along with a partnership with Visa and SMB Bank, Slice provides physical and virtual cards for students and young salaried professionals to avail buy now pay later [BNPL] products.
Business Model of Slice
Fintech startup Slice has switched from providing credit lines through its app to classic term loans. It uses technology and data-driven algorithms to evaluate creditworthiness and provide financial services to users. Slice runs a non-banking financial corporation (NBFC) named Quadrillion Finance Pvt Ltd to provide unsecured loans of up to Rs 50,000 to its customers.
Key People/Management
Show allRB
Rajan BajajFounder & CEO
RB
Rajan BajajManaging Director
SK
Sanjay Kumar BajajDirector
AB
Ashish Bhupendra FafadiaNominee Director
NS
Nikhil SachdevNominee Director
YM
Yuki ManiwaNominee Director
Top Competitors
VC
VcardU74900TG2015PTC101115
UC
Uni CardsU72900DL2020PTC368642
ON
OnecardU74999PN2019PTC206053
Latest News
- Despite RBI crackdown, Slice income grows 3X to Rs 847 Cr in FY23Jan 9, 2024
- Exclusive: Slice raises debt from Stride VenturesNov 14, 2023
- Fintech unicorn Slice to merge with North East Small Finance BankOct 4, 2023
- Slice’s revenue nears Rs 300 Cr in FY22, marketing cost mounts 34XMar 30, 2023
- Card fintech company Slice receives prepaid pay licence from RBIDec 16, 2022
- Slice temporarily stops users cards to adhere to RBIs digital lending rulesOct 30, 2022
- Slice alters business model; SoftBank, Sequoia want firms to join ONDCJul 20, 2022
- Important to understand RBI objective, we remain well capitalised: Slice CEO BajajJul 9, 2022
- slice brings on board Sudeep Behari as business headJul 4, 2022
- Slice-backer 8i Ventures partially exits seed bet in M2P FintechJun 13, 2022