TLDR Tech / Fintech
Slash raises $100M to compete with Ramp and Brex
Slash Financial raised $100M at a $1.4B valuation, reaching $300M in annualized revenue and profitability with 5,000 business customers. Originally built for sneaker resellers, the company pivoted into a generalist spend and banking platform, now competing directly with Ramp and Brex. The fundraise highlights continued investor conviction in modern finance stacks, especially those combining cards, banking, and crypto into a single platform.
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