slice Small Finance Bank is a Bengaluru-based digital bank, founded as the fintech slice in January 2016 by Rajan Bajaj to offer simplified credit and payments to young Indians with limited credit history. Its merger with Guwahati's North East Small Finance Bank completed in October 2024, and the combined entity was renamed slice Small Finance Bank in February 2025, making it India's first fintech to become a licensed deposit-taking bank. It now offers savings accounts, fixed deposits, UPI services and credit products, claims more than 20 million users and over 3,000 employees, and turned prof
1StartupFox story
2016Founded
Digital BankingSector
Sept 2026Latest coverage
Funding
Slice has raised $150M across 2 disclosed rounds, most recently a Growth round in September 2026.
$150MRaised
Growth roundLatest round · September 2026
2Events
Chart appears once 1 more funding round is recorded — below that a chart shows less than the table does.
September 2026Growth round$100MNeo Wealth (lead), Kado Global, Moore Strategic Ventures, Raise Financial, Blume Ventures, DSP Investment
June 2022Series C$50MTiger Global (lead), Moore Strategic Ventures, Insight Partners
Investor roster
Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.
New · Latest leadNeo Wealth (lead)1 round · 2026
Moore Strategic Ventures2 rounds · since 2022
Blume Ventures1 round · 2026
DSP Investment1 round · 2026
Kado Global1 round · 2026
Raise Financial1 round · 2026
Insight Partners1 round · 2022
Tiger Global (lead)1 round · 2022
Aggregated automatically from the disclosed rounds above.
Founded in Bengaluru by IIT Kharagpur alumnus Rajan Bajaj to offer simplified digital credit and payments to young Indians with little or no credit history. ↗
Nov 2021 · funding
Becomes a unicorn on a round led by Tiger Global and Insight Partners, reaching a peak valuation of $1.5 billion after a further $50 million Series C in June 2022. ↗
June 2022 · funding
Series C — $50M, led by Tiger Global (lead).
Oct 2024 · acquisition
Completes its merger with Guwahati-based North East Small Finance Bank, becoming India's first fintech to convert into a licensed deposit-taking bank. The combined entity is renamed slice Small Finance Bank in February 2025. ↗
Feb 2026 · milestone
Founder Rajan Bajaj takes over as RBI-approved managing director and chief executive, succeeding career banker Satish Kumar Kalra, as the bank posts its first profits. ↗
September 2026 · funding
Growth round — $100M, led by Neo Wealth (lead).
The rest of Slice's profile is free
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slice Small Finance Bank is a Bengaluru-based digital bank, founded as the fintech slice in January 2016 by Rajan Bajaj to offer simplified credit and payments to young Indians with limited credit history. Its merger with Guwahati's North East Small Finance Bank completed in October 2024, and the combined entity was renamed slice Small Finance Bank in February 2025, making it India's first fintech to become a licensed deposit-taking bank. It now offers savings accounts, fixed deposits, UPI services and credit products, claims more than 20 million users and over 3,000 employees, and turned prof
Who founded Slice?
Slice is associated with Rajan Bajaj.
How much funding has Slice raised?
Slice has raised $150M across 2 disclosed rounds. The most recent was a $100M Growth round in September 2026.
Who are Slice's investors?
Disclosed investors in Slice include Neo Wealth (lead), Kado Global, Moore Strategic Ventures, Raise Financial, Blume Ventures, DSP Investment, Tiger Global (lead), Insight Partners.
What is the latest news on Slice?
The most recent StartupFox coverage is “Slice's $450M Valuation Looks Like a Crash Until You Price It as a Bank” (3 September 2026). All stories are listed on this page.
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