The round underscores investor confidence amid intense competition from niche players and broader fintech giants, with Ramp and Brex highlighted as benchmarks.

Slash serves more than 5,000 businesses across verticals such as affiliate marketing, e-commerce, agencies, healthcare suppliers, contractors, wholesalers, online travel agencies, and Web3 firms.

Cardenas described the B2B fintech market as dynamic and ripe for vertical-focused platforms that streamline financial workflows.

Slash operates as a fintech platform with FDIC-insured business banking through Column N.A., offering checking, corporate cards, expense management, treasury, and global payments.

Founded in 2020, Slash layers software atop traditional banking to provide a comprehensive suite, including stablecoin support and multi-entity capabilities.

A centerpiece of the product strategy is Twin, an AI-powered financial agent acting as an AI Chief of Staff to execute tasks inside the platform.

Though a fintech, Slash positions itself as a non-bank platform utilizing FDIC-insured checking and uncapped cashback corporate cards.

In response to market disruption, Slash pivoted to vertical banking for online businesses, focusing on sector-specific products rather than horizontal fintech offerings.

Slash Fintech has raised $100 million in its Series C, valuing the company at $1.4 billion as it continues rapid growth.

Slash has accelerated revenue and activity, hitting over $250 million in annualized revenue in 2025 and achieving more than $1 billion in annualized stablecoin payment volume within nine months of launch.

CEO and co-founder Victor Cardenas outlined plans to use AI and stablecoins to deliver a consistent global banking product across multiple geographies, prioritizing AI-driven financial automation.

Investors view the round as a potential game-changer for AI-enabled fintech, signaling confidence in AI banking agents and scalable solutions.