Articles from Slash Financial, Inc.

Slash Financial, Inc., the banking platform1 built for modern businesses, today announced the launch of its Global Cards product, a new card offering that enables international businesses to spend globally without requiring a U.S. entity, such as a Limited Liability Company (LLC) or Employer Identification Number (EIN). Issued on the Visa network and enabled by Rain’s global stablecoin-powered card infrastructure, the card enables businesses to transact wherever eligible Visa transactions are supported — delivering a user experience indistinguishable from a traditional card, with all stablecoin processes fully abstracted.

Slash Financial, Inc., the banking platform1 built for modern businesses, is now valued at $1.4 billion following a $100m Series C funding round led by Ribbit Capital. New investor Khosla Ventures and Goodwater Capital, who led Slash’s Series B just 16 months ago, co-led the round. This latest funding elevates Slash to unicorn status and brings the total amount of capital raised to more than $160 million. New Enterprise Associates and Y Combinator also participated in the round and are investing in Slash for a fourth time.

Slash Financial, Inc., the business banking platform built for high-spend companies, has announced a Meta Invoice Cashback program that restores rewards for advertisers who lost access to credit card points and cashback rewards when Meta moved them to invoice-based billing. Through Slash, businesses can now earn 1% cashback on eligible Meta ad invoice payments made via ACH, wire, FedNow, or SWIFT.