India: Fintech startup Slice gets $20m from Gunosy, Blume Ventures

Photo by Josh Appel on Unsplash

Fintech startup Slice has raised $20 million in a funding round led by existing investors Blume Ventures and Gunosy Capital, founder and chief executive officer Rajan Bajaj said.

Slice focuses on millennials and Gen Z users with an average age of 23 with inadequate credit scores and hence ignored by large credit card issuers. Slice issues them credit and payment cards in partnership with Visa and SBM Bank India Ltd, allowing them to build credit scores and gain through rewards and discounts from payments.

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