Slash raises $1.4 billion valuation

Financial services startup Slash has secured a $1.4 billion valuation, backed by prominent investors including Khosla Ventures and Ribbit Capital. The company, founded by two 24-year-olds, aims to challenge established players in the financial services sector like Ramp and Brex. This significant funding round underscores investor confidence in Slash's business model and its potential to disrupt the market. The valuation highlights the growing interest and investment in fintech startups focused on providing innovative solutions for businesses.