- Slice, a Bengaluru-headquartered fintech unicorn, has acquired a 5% stake in the Indian bank North East Small Finance.
- Slice invested $3.42 million for the 5% stake in the Guwahati-headquartered small finance bank.
- Analysts say this is a key step in Slice’s journey amid mounting challenges from the central bank.
- This acquisition could help Slice withstand the challenges posed by the central bank.
Slice, Indian fintech unicorn, acquires stake in a bank
[Via]
