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# Indian unicorn fintech firm Slice raises $50 million in funding
- URL: https://www.techloy.com/indian-unicorn-fintech-firm-slice-raises-50-million-in-funding/
- Published: 2022-06-01T21:05:49.000Z
- Updated: 2022-12-08T01:04:47.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Unicorns, Tech in India

[Slice,](https://www.sliceit.com/) an India-based firm providing credit card alternatives has raised $50 million in its Series C funding backed by Tiger Global, Moore Strategic Partners, and Insight Partners. 

- Slice enables students and salary-earning professionals to access collateral-free products and services and build credit scores through its app.
- The firm last raised $220 million in its Series B round led by Tiger Global and Insight Partners.
- It is now valued at $1.7 billion, with an average revenue run rate of $100 million and a $265 million monthly gross transaction value.