Slice Secures $100 Million Downround from Neo Wealth, Moore Strategic Ventures

3 Sept 2026, 3:58 pm · 9d ago · 1 min read · Moneycontrol.com

Amount

$100M

Fintech unicorn Slice has raised $100 million in a fresh funding round from Neo Wealth, Kado Global, and Moore Strategic Ventures. The transaction closed at a downround valuation, marking a steep correction of nearly 70% from its peak valuation. The round materialized after earlier discussions with prospective investors, including Accel, Elevation Capital, and Peak XV Partners, did not result in a deal. The capital injection provides critical liquidity for Slice as it integrates operations and expands financial services following its merger with North East Small Finance Bank.