economy
April 17, 2026
Slash, a Ramp competitor founded by teenagers, raises $100M at $1.4B valuation
Five years later the founders, now 24 years old, say their startup has achieved $300 million in annualized revenue.
TL;DR
- Slash Financial closed a $100 million Series C funding round at a $1.4 billion valuation.
- The company offers business banking accounts, corporate credit cards, transfers, and crypto services.
- Founders Victor Cardenas and Kevin Bai started the company at age 19 and are now 24.
- Slash pivoted from focusing on sneaker resellers to a generalist fintech provider.
- The company claims $300 million in annualized revenue and has 5,000 corporate customers.
- Key investors include Ribbit Capital, Khosla, Goodwater Capital, NEA, and Y Combinator.