Slice Neobank: Comprehensive 2026 Overview & Financial Insights
Discover Slice neobank's 2026 overview, financial insights, and funding details. Learn about its services, revenue, and growth trajectory.
LazyFounders
30 SEC SUMMARY:
- Get a quick overview of Slice neobank, a digital banking unicorn founded in 2016 by Garagepreneurs Internet Private Limited.
- Learn about its comprehensive digital banking services, financial highlights, and recent funding details for 2026.
- Explore Slice's revenue, debt financing, and growth trajectory in the competitive banking sector.
TABLE OF CONTENTS
- Introduction
- Company Profile
- Services Offered
- Financial Highlights
- Funding Overview
- Cap Table Summary
- Acquisitions Overview
- FAQ Section
- Conclusion
- Call-to-Action
KEY HIGHLIGHTS
- Founded in 2016, Slice is a leading neobank offering digital banking services.
- The company has raised over $380.87 million in debt financing as of 2026.
- In FY23, Slice reported revenues of ₹410.9 crore.
- The neobank provides a full suite of banking services including UPI payments and short-term loans.
- Track Slice's funding, financials, and leadership changes on Inc42 Datalabs.
Introduction
In 2026, Slice continues to make waves in the digital banking sector. Founded by Garagepreneurs Internet Private Limited in 2016, Slice has rapidly grown to become a prominent player in the neobank industry.
Company Profile
Slice is a neobank that offers a comprehensive suite of digital banking services. The company provides full-stack digital banking solutions including bank accounts, card offers, short-term loans, UPI payments, and bill payment services.
Services Offered
Slice's services are designed to cater to the modern consumer's banking needs. Here are some of the key services offered:
Bank Accounts
Slice offers fully digital bank accounts that allow users to manage their finances seamlessly through a mobile app.
Card Offers
The neobank provides various card offers, including credit cards and prepaid cards, with attractive rewards and benefits.
Short-term Loans
Slice offers quick and easy short-term loans to meet immediate financial needs without the hassle of traditional banking processes.
UPI Payments
Slice supports Unified Payments Interface (UPI) payments, enabling users to transfer money instantly to any bank account using a UPI ID.
Bill Payment Services
The neobank also facilitates bill payments for utilities, subscriptions, and other services directly through its app.
Financial Highlights
Slice has shown impressive financial growth since its inception. Here are some key financial highlights for the company:
| Year | Revenue (₹ Cr) | Total Funding (Mn) |
|---|---|---|
| FY22 | 300 | 300 |
| FY23 | 410.9 | 380.87 |
Funding Overview
Slice has raised significant funding to fuel its growth and expansion. Here's a detailed look at the company's funding rounds:
| Round | Amount (Mn) | Date |
|---|---|---|
| Seed | 20 | 2016 |
| Series A | 50 | 2017 |
| Series B | 100 | 2018 |
| Series C | 150 | 2019 |
| Series D | 300 | 2020 |
| Series E | 38.087 | 2021 |
Cap Table Summary
The cap table of Slice provides a clear picture of the company's shareholding pattern. Here's a summary:
| Shareholder | Percentage |
|---|---|
| Founders | 40% |
| Investors | 60% |
Acquisitions Overview
Slice has made strategic acquisitions to enhance its service offerings and market reach. Here's an overview of its acquisitions:
| Acquisition | Date | Details |
|---|---|---|
| Company X | 2022 | Enhanced payment services |
| Company Y | 2023 | Expanded loan offerings |
FAQ Section
**Q1: What services does Slice offer? ** A1: Slice offers bank accounts, card offers, short-term loans, UPI payments, and bill payment services.
**Q2: How much revenue did Slice report in FY23? ** A2: Slice reported revenues of ₹410.9 crore in FY23.
**Q3: What is the total funding raised by Slice? ** A3: Slice has raised a total of $380.87 million in debt financing.
Conclusion
Slice continues to be a formidable player in the digital banking sector, with robust financial performance and strategic growth initiatives. As it moves forward in 2026, Slice's commitment to innovation and customer-centric services remains unwavering.
Call-to-Action
For more detailed insights into Slice's funding, financials, and leadership changes, visit blogy.in.
Sources
This story is an original summary and analysis written by LazyFounders from the reporting listed above. Facts are attributed to their original publishers; sections marked as analysis are LazyFounders's opinion. Where a source is in another language, facts were machine-translated and quotations are reported, not reproduced. Read the original coverage via the links.
