SynopsisThe fintech-turned-bank has raised the money from existing backer Moore Strategic Ventures, the New York-based investment arm of the hedge fund Moore Capital Management; Peak XV-backed Neo Group, a Mumbai wealth and asset manager; and Japan-based investment fund Kado Global.Slice Small Finance Bank (Slice SFB) has raised about $100 million (Rs 950 crore) from global and domestic investors at a valuation of $450-470 million (Rs 4,275-4,465 crore), marking its first institutional fundraise as a bank and a steep cut from its previous valuation of $1.3 billion, people aware of the matter told ET.The fintech-turned-bank has raised the money from existing backer Moore Strategic Ventures, the New York-based investment armNow Playing
Slice closes $100 million round as valuation more than halves to $470 million - The Economic Times
The fintech-turned-bank has raised the money from existing backer Moore Strategic Ventures, the New York-based investment arm of the hedge fund Moore Capital Management; Peak XV-backed Neo Group, a Mumbai wealth and asset manager; and Japan-based investment fund Kado Global.
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