Pratik Bhakta
Pratik Bhakta
The private-sector lender has joined Slice’s captable with a recent investment. This opens up new possibilities for the fintech, which could partner with Axis to enter the credit card market. Slice is at a critical point: it must keep adding customers while managing NPAs
April 18, 2022
7 MINS READSlice, an instant credit brand aimed at millennials and young professionals, has raised capital from Axis Bank in a strategic deal, according to three industry executives aware of the development.
The infusion was part of Slice’s larger funding round late last year, when the Bengaluru-based fintech secured $210 million from Tiger Global and Insight Partners and earned unicorn-dom.
Funding winter
Premium Reads
By Nikhil Patwardhan
E-commerce
Premium Reads
By Pranav Balakrishnan
Conversations
Premium Reads
By Nikhil Patwardhan
Investments
the-crux
By Nikhil Patwardhan
Mobility
Premium Reads
By Pranav Balakrishnan
9 Min Read
By Nikhil Patwardhan
9 Min Read
By Pranav Balakrishnan
16 Min Read
By Nikhil Patwardhan
11 Min Read
By Pranav Balakrishnan
9 Min Read
By Sohini Mitter
8 Min Read
By Dr Srinath Sridharan