AI startup Slash raises $100M for banking services

Fintech startup Slash Financial has secured $100 million in funding to fuel its international expansion and broaden its specialized banking services across various industries. The company leverages AI agents to automate critical back-office functions, including document analysis and dispute resolution, contributing to its impressive $300 million in annual recurring revenue. This strategic investment positions Slash to challenge traditional banking models by offering highly customized and efficient financial solutions powered by advanced artificial intelligence.