Fintech unicorn Slice raises $50 mn funding led by Tiger Global, others

With its core credit product set to become profitable in the months ahead, Slice will use the new capital to shore up its balance sheet and support expansion of its new UPI product

Fintech unicorn Slice has raised $50 million as part of its larger series C round led by Tiger Global, along with participation from its existing investors -Moore Strategic Ventures and Insight Partners, and a new investor - GMO VenturePartners.

With its core credit product set to achieve profitability in the coming months, Slice will be utilizing this new capital to shore up the balance sheet to support the expansion of its new UPI product.

“With the significant growth in wallet share of slice card, it became increasingly clear that our customers would love to use slice for all their payment