Slash

Slash is building the future of business banking, one industry at a time. We believe businesses deserve financial infrastructure tailored to how they actually operate. That's why we're creating a new category of business banking. We combine the reliability of traditional banking (high yields, competitive rewards, and comprehensive security) with industry-specific features that make businesses more efficient, more competitive, and more profitable.

Started in 2021, Slash is one of the fastest growing fintechs in the world and we power over ten billion dollars a year in business purchasing across numerous industries. We recently raised a $100M Series C led by Ribbit Capital with participation from Khosla Ventures, Goodwater Capital, NEA, and Y Combinator, accelerating our expansion into new markets and products.

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Slash was founded by Victor Cardenas and Kevin Bai in 2021. The company started as a neobank for self-employed individuals, with a particular focus on resellers Early reseller customers loved Slash because we provided them with virtual cards, enabling them to enter competitive raffles for limited-release products.

Within 11 months, we were processing $11M in monthly card volume, generating approximately $5M in annualized revenue. After the decline of the sneaker market in late 2022, we successfully pivoted by systematically reaching out to our largest customers to discover their new ventures. This led us to develop specialized solutions for ticket brokers and performance marketing agencies, finding product-market fit with these new verticals.

We are now forging a new path forwards, with 2 new initiatives: AI and global.

• AI: We are launching our agent Twin to customers for them to be able to manage their finances where work - Slack, iMessage, email and more. Twin will also unlock cross platform capabilities as we plug into their systems of record, letting you categorize spend directly into your ERP for example.