Slash Raises $100M In A Series C Round

Slash continues its growth as a new alternative to traditional regional and commercial banks for online businesses and using stablecoins and AI.

1 Min Read
Disclosure: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.
Stablecoin rails are allowing companies such as Slash to scale and raise more money (Rene Böhmer Unsplash)

Slash has raised $100M for business, AI and stablecoin banking.

Slash has successfully raised more venture capital to scale its global operations for online businesses powered by stablecoins and AI. The Series C round was led by Ribbit Capital, and involved Khosla Ventures and Goodwater Cap.

Slash stablecoin marketing and delivery has been growing over the last few months. The company, which started off by offering banking services to smaller client sectors, is now in a position to scale via stablecoin rails and stablecoins such as USDC and USDT across 9+ networks.

For most fintech and neobanks today, global is the main focus.

Additionally, the announcement also features another support tool for businesses. Known as “Twin”, this AI assistant aims to stay on top of daily admin including receipt expense management, following up on invoices, and controlling purchasing orders over credit cards.

Share This Article
Ron is the founder of Stablecoin News and contributes to the coverage of stablecoins developments worldwide.

Discover more from Stablecoin News

Subscribe now to keep reading and get access to the full archive.

Continue reading