Slice, an India-based fintech and startup app that provides one-stop payments, has raised $50 million in a new funding round as it seeks to scale its recently launched UPI payments system and turn around its main credit operation. The Series C financing was led by Tiger Global, an investment firm focused on public and private companies, which values Slice between $1.5 billion to $1.8 billion. GMO Venture Partners, as well as current investors Insight Partners and Moore Ventures, participated in the round. Slice is in discussions with additional investors to fund a follow-up round for $100 million.
Indian Fintech Slice Tops $1.5 Billion Valuation In New Funding To Scale UPI Payments