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Slice

Founded in 2016 by Rajan Bajaj
Slice 1
The simplest way to pay, Slice is a one-stop payment app for all your spending needs.

  1. SlicePay founded

    Rajan Bajaj launches SlicePay, a buy now pay later (BNPL) product for the GenZ and millennial population.

  2. Seed Round

    SlicePay raises $500K in seed round led by Blume Ventures and Tracxn Labs. They go on to raise another $992K from Simile Venture Partners and existing ventures in continuation of its seed round.

  3. $2M in Annual Run Rate

    SlicePay completes $2M in Annual Run Rate within nine months since its launch. Slice is now available in 120+ colleges.

  4. Slice acquires Trustio

    In its first acquisition, SlicePay buys P2P lending platform Trustio.


  5. Series A

    The company raises $2M in its Series A round led by Blume Ventures. Some existing and new investors also participated.

  6. 30K+ orders every month

    SlicePay now boasts of a loan book of ₹45 Crs and caters to more than 30K+ orders every month.

  7. Launch of credit card for millennials

    SlicePay partners with Singapore-based MatchMove to launch a pay-later credit card for millennials.

  8. New Beginnings

    SlicePay gets an NBFC license from RBI. The company also unveiled a new logo to reflect the growth of the brand.
    Screenshot 2022 11 15 at 2 27 37 PM

  9. RuPay Launch

    SlicePay launches Rupay prepaid card powered by Yes Bank. Meanwhile, Slicepay has now rebranded to Slice.

  10. 1M+ transactions

    Slice reaches 1M transactions with 200K active customers and 300K more on the waiting list.

  11. Series A

    Slice raises $31M in its ongoing Series A round from Gunosy, FinUp and multiple other investors in various rounds of cash infusion. They go on to raise an additional $25.5M from Blume, Sony Innovation Fund, DG Daiwa and other investors.

  12. The first of many!

    Slice launches a first of its kind card with credit limit of ₹2000, lowest in the Indian market.


  13. Series B

    Slice raises $220M in its Series B round from Tiger Global, Insight Partners and Moore Ventures partners and crosses $1B in valuation to become a fintech unicorn.
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  14. Series C

    The company raises $68.8M in its Series C round from Tiger Global Management with participation from some existing investors.

  15. Slice integrates UPI

    Slice integrates UPI into its app to become a one-stop payment app for its users.



Slice

Slice

Info
Founded 2016
Info
Active Funding
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Fund II
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Founder

Investment Lead

Co-investors

  • Tracxn Labs
  • Similie Venture Partners
  • Das Capital
  • Finup Group
  • Insight Partners
  • Tiger Global
  • Gunosy
  • GMO Venture Partners
  • Sony Innovation Fund