slice Eyes $100 Million Funding at 60% Valuation Cut

3 Sept 2026, 5:55 pm · 9d ago · 1 min read · Inc42

Amount

$100M

Fintech firm turned small finance bank slice is in talks to secure approximately $100 million in fresh funding at a valuation between $450 million and $465 million. This marks a sharp decline from its peak $1.25 billion valuation achieved in 2021. The round is expected to see participation from Neo Group, Japan-based Kado Global, and existing backer Moore Strategic Ventures, with potential secondary components. The revised valuation reflects slice's structural transition to a digital bank following its October 2024 merger with North East Small Finance Bank.