Digital banking platform Slash completes $100 million Series C funding round led by Ribbit Capital

Odaily News: The enterprise-focused digital banking platform Slash announced the completion of a $100 million Series C funding round, led by Ribbit Capital, with Goodwater Capital and Khosla Ventures co-leading. The post-money valuation is approximately $1.4 billion, bringing total funding raised to $160 million. Slash claims to serve over 5,000 enterprise clients, offering services including corporate accounts, virtual accounts, stablecoin payments, expense management, bookkeeping automation, and real-time payments. The company stated it will use the new funds to accelerate product iteration and advance its strategy of "bank accounts as the command center for corporate finance."