Slash Raised $19M Series By NEA & Menlo Ventures

California-based, Slash, an advanced digital platform for online banking raised $19 million led by NEA and Menlo Ventures in a Series A round.

The round was backed by Y Combinator, Connect Ventures, Global Founders Capital, Soma Capital, and angel investors Justin Mateen, and William Hockey.

Slash Raised $19M Series By NEA

Kevin Bai and Victor Cardenas, Co-founders of Slash said that the raised funds will be used to expand business reach and accelerate operations.

Salsh is a digital banking solution specially designed for young entrepreneurs and online businesses to cut the traditional banking hassle. With Slash one can manage two bank accounts in a single app for personal and business purposes. A simple dashboard that helps to manage, transfer, and auto-pay bills easily.

Moreover, Slash offers payment collection from online platforms like StockX, GotSole
Dropshipping, GOAT, and many more. Slash uses advanced data security to ensure your money remains safe from online attacks. Victor said that Slash aims to become a one-stop solution for all banking, finance, and invoicing needs including invoicing, tax management, and bookkeeping in several years.

Also Read: Clumio Raised $75M Sutter Hill Ventures Series D

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