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Slash Financial<\/a>, which offers business banking accounts, corporate credit cards, transfers, and crypto, has raised a $100 million Series C round at a $1.4 billion valuation from a crowd of A-list investors, the company announced.<\/p>\n Fintech-focused Ribbit Capital, Khosla, and Goodwater Capital led the round. Returning investors NEA and Y Combinator also invested.<\/p>\n Slash was founded about five years ago by CEO\u00a0Victor Cardenas\u00a0and CTO Kevin Bai, both who were 19 years old at the time, and are now 24, Bloomberg reports.<\/a> They dropped out of college to build a fintech company focused on sneaker resellers. When the startup\u2019s main customer, Yeezy, hit trouble after its founder Kanye West spewed antisemitic remarks, they pivoted to focus on a few verticals.<\/p>\n Now, the startup has become generalist, not targeting any one industry, Cardenas recounted in his blog post<\/a> about the raise. He said the company is generating $300 million in annualized revenue, profitably, and claims 5,000 companies as customers. Even with such growth numbers, Slash has plenty of competition, including $32 billion valuation Ramp<\/a> and Brex, which was recently acquired by Capital One<\/a>.<\/p>\n<\/div>\n