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Slice eyes gross transaction volume run rate of USD 1 bn in FY22

New Delhi, May 24: Credit and payment startup Slice on Monday said it aims to clock a gross transaction volume (GTV) run rate of USD 1 billion in FY22. ....

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[Funding alert] Investment platform Stockal raises $3M in pre-Series A round

[Funding alert] Investment platform Stockal raises $3M in pre-Series A round
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Stockal Raises $3 Mn In Pre-Series A Funding

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Stockal, the platform that enables global investments for Indians, on Thursday announced a $3 million in pre-Series A funding to support its rapid growth into newer markets. This will help the company become the platform of choice to invest in global markets across various asset classes.
The new funding brings the total investment to $5million since it was launched in January 2020.
Venture capital firms have been quick to take advantage of the new market that Stockal is pioneering, with a range of investors contributing to the company’s pre-Series A funding. These include Aroa Ventures – an investment initiative of Ritesh Agarwal s (OYO Rooms founder) family office, Cadenza Capital Management, wealth management platform Kristal.ai, startup research platform Tracxn Labs, July Ventures and Credence Family Office. ....

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The Best-Funded Startups Of Forbes 30 Under 30 Asia 2021

The Best-Funded Startups Of Forbes 30 Under 30 Asia 2021
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How this fintech startup overcame COVID-19 challenges to see over 100 percent growth in 2020

How this fintech startup overcame COVID-19 challenges to see over 100 percent growth in 2020
Bengaluru-based Slice, which provides digital payment and financial credit services, is focused on providing credit to Gen Z and young millennials.
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The COVID-19 pandemic exposed the stress of the financial services sector where institutions were wary of providing credit, while consumers sought a moratorium on payments. But this was not the situation for Bengaluru-based fintech startup
Slice, whose business grew by 125 percent in 2020.
Founded in 2016 by
Rajan Bajaj, the startup provides digital payment and financial credit services focused on Generation Z and young millennials. ....

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