Bengaluru-based fintech unicorn slice has secured $20 million in debt funding from Neo Asset Management. It's part of a broader $30 million debt round. 🚀

Earlier this year, slice received approval from the Competition Commission of India to merge with North East Small Finance Bank. This merger could give Slice a coveted banking license.

slice currently offers UPI payments, personal loans and prepaid bank accounts through its app. The company is valued at $1.5 billion.

Pending NCLT approval for the merger, slice is ready to expand its range of financial services with a new banking license."