On November 29th, Indian financial technology company Slice completed a $220 million financing. Tiger Global Management and Insight Partners led the investment.
Moore Strategic Ventures, Gunosy Capital, Sunley House Capital and Blume Ventures participated in the investment.
Slice is valued at over US$1 billion, making it the latest unicorn in India. The new funds will be used to expand recruitment, provide new products and services, and expand the digital payment market.
Slice launched its credit card service in 2019. Provide cash back and flexible payment options. At present, the monthly issuance of more than 200,000 cards, has become India’s leading credit card provider.