--- title: The fintech that pivoted because of Kanye West just hit... description: Slash, a San Francisco-based vertical banking platform founded by two college dropouts, has raised $100M in a Series C round at a $1.4B valuation, led by... canonical: https://daily.dev/posts/the-fintech-that-pivoted-because-of-kanye-west-just-hit-a-1-4b-valuation-hxjembus4 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: The fintech that pivoted because of Kanye West just hit a $1.4B valuation | daily.dev og:description: Slash, a San Francisco-based vertical banking platform founded by two college dropouts, has raised $100M in a Series C round at a $1.4B valuation, led by... og:url: https://daily.dev/posts/the-fintech-that-pivoted-because-of-kanye-west-just-hit-a-1-4b-valuation-hxjembus4 og:image: https://api.daily.dev/og/posts/hXJEmbUS4.png og:image:alt: The fintech that pivoted because of Kanye West just hit a $1.4B valuation og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # The fintech that pivoted because of Kanye West just hit a $1.4B valuation **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Slash, a San Francisco-based vertical banking platform founded by two college dropouts, has raised $100M in a Series C round at a $1.4B valuation, led by Khosla Ventures and Ribbit Capital. The company's valuation has nearly quadrupled since its Series B in May 2025. Slash's origin story is unusual: it initially built banking services for sneaker resellers, but when Kanye West's antisemitic statements caused Adidas to terminate its Yeezy partnership and collapse the sneaker resale market, Slash's revenue dropped 80% overnight. The founders pivoted to vertical banking for online businesses, targeting specific niches like performance marketing firms, web3, e-commerce, agencies, and healthcare suppliers. The platform now offers corporate cards, stablecoin payments, treasury management, working capital, global USD accounts, and AI agents, built on Column, a chartered bank designed for fintech companies. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Payments startup Flutterwave hits $3.2B valuation, backed by Ripple](https://daily.dev/posts/payments-startup-flutterwave-hits-3-2b-valuation-backed-by-ripple-nkffeem6l) · TechCrunch · 0 upvotes · 0 comments - [Current Series E values the neobank below its 2021 peak](https://daily.dev/posts/current-series-e-values-the-neobank-below-its-2021-peak-pylgb0ylk) · The Next Web · 0 upvotes · 0 comments - [Velocity raises $38M Series A for stablecoin payments](https://daily.dev/posts/velocity-raises-38m-series-a-for-stablecoin-payments-hhovuhipr) · The Next Web · 0 upvotes · 0 comments --- Tags: [#startup](https://daily.dev/tags/startup), [#fintech](https://daily.dev/tags/fintech), [#stablecoin](https://daily.dev/tags/stablecoin) [View this post on daily.dev](https://daily.dev/posts/the-fintech-that-pivoted-because-of-kanye-west-just-hit-a-1-4b-valuation-hxjembus4) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"The fintech that pivoted because of Kanye West just hit a $1.4B valuation","url":"https://daily.dev/posts/the-fintech-that-pivoted-because-of-kanye-west-just-hit-a-1-4b-valuation-hxjembus4","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/the-fintech-that-pivoted-because-of-kanye-west-just-hit-a-1-4b-valuation-hxjembus4"},"datePublished":"2026-04-16T14:42:45.688Z","dateModified":"2026-04-16T14:43:07.528Z","description":"Slash, a San Francisco-based vertical banking platform founded by two college dropouts, has raised $100M in a Series C round at a $1.4B valuation, led by...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/f994285166f9071111ca2f447f301070?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/f994285166f9071111ca2f447f301070?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/the-fintech-that-pivoted-because-of-kanye-west-just-hit-a-1-4b-valuation-hxjembus4","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"startup,fintech,stablecoin","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"The fintech that pivoted because of Kanye West just hit a $1.4B valuation"}]} ```