Slash, a San Francisco, CA-based banking platform provider, raised $41M in Series B funding, at a $370M valuation.
Backers included Goodwater Capital, NEA, and Menlo Ventures, bringing the total raised to $60M.
The company intends to use the funds to expand operations and its development efforts.
Co-founded by Victor Cardenas and Kevin Bai, Slash provides a banking platform designed specifically for online businesses. It offers a range of products and features, including:
- Checking accounts.
- Physical and virtual cards for your entire team with high cash back.
- Wires and ACH payments
- Integrations with major accounting platforms like Quickbooks, NetSuite, Xero, and Zoho.
- Multiple users.
It currently serves over 2,000 of America’s businesses.
FinSMEs
23/05/2025