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Just because Slash just raised $100 million in Series C, it's crazy 🤔 The valuation rises to $1.4 billion. Ribbit Capital leads the round, with Goodwater and Khosla Ventures following. NEA and Y Combinator are also involved.
So here’s the thing, the idea is to really automate all the financial back-end processes before the end of the year. With this capital they just raised, they want to accelerate their stablecoin payment product. It’s an interesting move at a time when crypto funds are multiplying and everyone is looking to simplify financial management.
The thing is, it’s quite a significant raise for a payment platform. Do you think they will succeed in delivering on their promises?