Slash

co-founder & ceo @slashapp | thiel fellow | prev cs @stanford | vzlano 🇻🇪

Slash is a business banking platform aimed at the kinds of operators who don't fit a traditional bank's mold, including e-commerce sellers, agencies, creators, and crypto-native companies. The company offers a product suite that combines Federal Deposit Insurance Corp.-insured business checking and corporate cards with uncapped cash-back, expense management, treasury, global payments, invoicing, working capital and stablecoin support into a single platform. It was founded about five years ago by CEO Victor Cardenas and CTO Kevin Bai, both who were 19 years old at the time, and are now 24 , and graduated from Y Combinator's S21 batch. This launch marks a Series C round and the debut of Twin, the company's new AI agent. Slash Financial, Inc., the banking platform built for modern businesses, is now valued at $1.4 billion following a $100 million Series C , with the round led by Ribbit Capital and co-led by Khosla Ventures and Goodwater Capital. Twin, Slash's new AI-powered financial agent, brings a new level of intelligence and automation to the financial workflows of existing Slash customers. Twin acts as an AI Chief of Staff by leveraging contextual access to a company's entire Slash account to take action on its behalf. It also unveiled an AI tool for tasks such as executing payments, sending invoices, and creating corporat e reimbursements, with every transaction gated by explicit user approval. The launch matters because it pushes business banking past dashboards and into agent-driven workflows, putting Slash in direct competition with Ramp, Brex, and Mercury on a different axis. For founders running lean ops, the pitch is that routine finance work (invoice follow-ups, expense reports, recurring purchases) can be handed off to an agent that already sits inside the account moving the money, rather than bolted on through integrations.

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