Slash, a fintech firm that offers customized financial solutions for various industries, has raised $41 million in funding, bringing its valuation to $370 million as it scales its “vertical banking” model, which delivers tailored financial solutions for specific industries like retail, healthcare, construction, and tech. By offering sector-specific services such as flexible financing, inventory-linked lending, and real-time financial tracking, Slash addresses operational challenges that traditional, one-size-fits-all business banking often overlooks. The new capital will fuel product development, deepen partnerships with industry software providers, and expand the team.
Fintech Slash Secures $41M to Enhance Business Banking with Streamlined Solutions