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Slash completes $100 million Series C funding at a $1.4 billion valuation
Techub News message: Slash Financial, an integrated financial services platform, announced that it has completed a $100 million C round at a valuation of $1.4 billion. This round was led by Ribbit Capital, with Khosla Ventures and Goodwater Capital co-leading, and participation from New Enterprise Associates (NEA) and Y Combinator (YC).
In recent years, Slash has grown rapidly—its annualized revenue surged from $10 million to $250 million within 24 months, and its current annualized transaction volume has already exceeded $30 billion. Its core product provides a “financial operations system” for modern enterprises, covering commercial bank accounts, corporate cards, treasury management, and stablecoin payments. Notably, its stablecoin payment product was launched only 9 months ago, and its annualized transaction volume has already surpassed $1 billion.