Indian fintech Slice seals bank merger

Indian fintech startup Slice completes merger with North East Small Finance Bank, becoming a banking entity.

Fintech Startup Slice Merges with Bank

The merger marks a rare instance of a startup successfully entering India's tightly regulated banking sector.

Rare Startup-Bank Merger

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Slice will maintain its digital payment and lending services, and expand into traditional banking offerings.

Expanded Services for Slice

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The merger gives Slice access to capital at lower cost and direct control over its lending operations.

Access to Capital and Control

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