slice
Card-first startup that pulled off the rare feat of merging into a licensed Indian bank.
Merged with a small finance bank.
- Who holds it
- The company itself — it holds a full banking licence — Small finance bank (via NESFB merger).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from slice’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| AI | AI underwriting in production |
| HQ | Bengaluru, IN |
| Founded | 2016 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Small finance bank (via NESFB merger) |
| Card | Visa · Card + UPI |
| Cashback | Up to 2% |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
| Founders | Rajan Bajaj |
| Funding | ~$340M raised |
Verified links: official site ↗
Common questions about slice
What is slice?
slice is a fiat neobank, headquartered in Bengaluru, IN and founded in 2016. Your money is held custodially, so slice or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Small finance bank (via NESFB merger)).
Does slice have a card, and where can you use it?
It issues a Visa card and upi. It is available in Asia.
Does slice require KYC?
Yes. slice requires identity verification (KYC) to open an account, as a licensed bank.
What does slice cost?
From the verified fields: cashback Up to 2%. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with slice before relying on them.
Early investors
Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
slice appears in
Neobanks that hold their own banking license (132) · Neobanks available in Asia (132) · Neobanks that issue a Visa card (182) · Neobanks in India (12)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.