Indian Credit Card Challenger slice Lands $220M Series B Funding Round

Fazzaco learned that the Indian credit card fintech slice has secured $220 million in a Series B financing round, which took its valuation to more than $1 billion.

The latest round was led by Tiger Global and Insight Partners, with participation from Advent International’s Sunley House Capital, Moore Strategic Ventures, Anfa, Gunosy, Blume Ventures, and 8i.

Focused on India’s youngsters, slice aims to build a smart, simple, and transparent financial platform to redesign the financial experience for the millennials. It is now trusted by over 5 million Indians. With the new capital, the fintech plans to expand its headcounts and products offering.

This round follows slice’s $20 million Series A round​ this June.