Slash Fintech Soars to $1.4B Valuation Following Strategic Pivot and $100M Funding

Slash, a vertical banking platform founded by two college dropouts, has secured $100 million in Series C funding led by Khosla Ventures and Ribbit Capital. The San Francisco-based fintech's valuation has nearly quadrupled since its May 2025 Series B round, marking a remarkable comeback after a sudden collapse of its initial market. This latest funding round highlights the company's successful pivot and strong growth trajectory in the fintech space.