Slice is becoming a Bank ????????

Slice became big by offering credit cards to a segment of the population which were ignored by banks, mainly students.

At one stage, Slice offered 4 lakh cards in a single month, which was the highest for any fintech or bank in India.

But a decision by RBI last year almost killed the startup, it stopped all the non-banking fintech like Slice from issuing credit lines.

With this banking license, Slice has got a new lifeline.

#slice #rbi #startup #entrepreneurship #marketing #business #money #company #enterprise #indianstartups #india #funding #unicorn #investing #founder #wealth #motivation #businessideas #success

source