Fintech company Slice has marked a significant milestone with the approval of Rajan Bajaj as its new Managing Director and Chief Executive Officer. The Reserve Bank of India (RBI) and Slice’s shareholders have endorsed this key leadership transition, as the company has rapidly evolved from a consumer fintech startup to a full-stack bank.
Rajan Bajaj, the founder of Slice, has been instrumental in steering the company’s growth trajectory since its inception in 2016. Under his leadership, Slice transformed into a regulated bank in 2024 following a merger with North East Small Finance Bank. This strategic move has enabled Slice to expand its services to over 20 million registered users and secure substantial investments exceeding $250 million from prominent backers like Tiger Global, Insight Partners, and Advent International.
Slice’s innovative solutions, including savings accounts, fixed deposits, UPI-based services, and the unique UPI-led bank branch, underscore its commitment to leveraging technology to redefine traditional banking paradigms. The company’s tech-driven ventures, such as Quadrillion Finance, a tech-driven NBFC, have enhanced its lending and payment offerings, contributing to its financial success. Slice reported a Profit After Tax of Rs 27.97 crore in the last three quarters of FY26, reflecting disciplined underwriting practices and sound risk management.
Source: Entrackr : Latest Posts