Slice takes $100M downround at $450M valuation
Fintech startup Slice secured $100 million from Neo Wealth, Kado Global, and Moore Strategic Ventures after earlier funding talks with Accel, Elevation Capital, and Peak XV Partners collapsed. The new round values the company at $450 million, down nearly 70% from its prior valuation.
Sources: moneycontrol.com
“The downround reflects broader fintech struggles as investors prioritize profitability over growth, a shift from the sector’s recent bullish funding cycles.”
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