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

Mars Finance reports that the enterprise-focused digital banking platform Slash has announced the completion of a $100 million Series C funding round, led by Ribbit Capital, with Goodwater Capital and Khosla Ventures co-leading. Post-investment valuation is approximately $1.4 billion, with total funding reaching $160 million. Slash states that it serves over 5,000 corporate clients, offering features such as corporate accounts, virtual accounts, stablecoin payments, expense management, automated bookkeeping, and real-time payments. The company says it will use the new funds to accelerate product iteration and promote its strategy of “bank accounts as the command center for corporate finances.”