Archive · 29 Jun 2025

Slice Targets Profitability by FY26 After Regulatory Shift

Slice Targets Profitability by FY26 After Regulatory Shift

Slice, a fintech company, is now making money each month and plans to be fully profitable by 2026.

They became a bank after merging with another bank.

Slice had to change its business because of new rules, but now it's growing again.

They offer a UPI-linked credit card and digital branches with ATMs that don't need a card.

They are trying to serve people who need credit but are often overlooked, hoping to expand across India.

Slice is also offering a savings account with interest rates tied to the RBI repo rate, which is what banks charge each other to lend them money.

They are changing how they serve consumers and merchants.

Sources