Inc42 reports the former unicorn turned small finance bank is seeking fresh capital.
Inc42 posted that slice is set to raise around $100 Mn at a valuation of $450 Mn-$465 Mn. That figure is down nearly 60% from the company's last valuation of $1.25 Bn. The fintech firm, now operating as a small finance bank, could see participation from Neo Group, Kado Global and an existing investor. The report links to an Inc42 article titled slice Eyes $100 Mn Funding At 60% Valuation Cut As Bank Valuation Takes Shape. No further confirmation or closing details appear in the supplied posts.
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Inc42 reports the former unicorn turned small finance bank is seeking fresh capital.
Inc42 posted that slice is set to raise around $100 Mn at a valuation of $450 Mn-$465 Mn. That figure is down nearly 60% from the company's last valuation of $1.25 Bn. The fintech firm, now operating as a small finance bank, could see participation from Neo Group, Kado Global and an existing investor. The report links to an Inc42 article titled slice Eyes $100 Mn Funding At 60% Valuation Cut As Bank Valuation Takes Shape. No further confirmation or closing details appear in the supplied posts.
Inc42@Inc42💰 slice’s valuation takes a sharp hit as it eyes fresh funding. 👇 Fintech unicorn-turned-small finance bank slice is set to raise around $100 Mn at a valuation of $450 Mn-$465 Mn, down nearly 60% from its last valuation of $1.25 Bn. The round could see participation from Neo…
Inc42@Inc42💰 slice’s valuation takes a sharp hit as it eyes fresh funding. 👇 Fintech unicorn-turned-small finance bank slice is set to raise around $100 Mn at a valuation of $450 Mn-$465 Mn, down nearly 60% from its last valuation of $1.25 Bn. The round could see participation from Neo…
