Slash Achieves Unicorn Status Following $100m Series C Fundraise
Slash Financial, Inc., the banking platform1 built for modern businesses, is now valued at $1.4 billion following a $100m Series C funding round led by Ribbit Capital. New investor Khosla Ventures and Goodwater Capital, who led Slash’s Series B just 16 months ago, co-led the round. This latest funding elevates Slash to unicorn status and brings the total amount of capital raised to more than $160 million. New Enterprise Associates and Y Combinator also participated in the round and are investing in Slash for a fourth time.
Slash Launches Meta Invoice Cashback Program to Replace Lost Card Rewards for Advertisers
Slash Financial, Inc., the business banking platform built for high-spend companies, has announced a Meta Invoice Cashback program that restores rewards for advertisers who lost access to credit card points and cashback rewards when Meta moved them to invoice-based billing. Through Slash, businesses can now earn 1% cashback on eligible Meta ad invoice payments made via ACH, wire, FedNow, or SWIFT.
