Slash raises $100M Series C at a $1.4B valuation
American Express, while known for its travel rewards and brand prestige, wasn’t built for the ever-evolving digital workflows that define modern businesses. Slash delivers the speed and flexibility legacy banks can’t match.
How Slash delivers more value, side by side.
| Features |  |  |
|---|---|---|
| Unlimited virtual cards¹ | ||
| Granular card controls by merchant, country, limit, and more | ||
| Built-in real-time analytics dashboard | ||
| High-yield treasury account⁶ | ||
| Stablecoin payments and on/off ramping support⁴ | ||
| Global USD account (Available in 130+ countries)³ | ||
| RTP/FedNow support |
Last updated October 21, 2025
Founded in 1850, American Express is one of the oldest financial institutions in the United States. Today, it delivers many types of corporate credit cards along with a business banking solution that’s fairly robust, especially for a traditional bank. Amex offers a broad range of cards built around Membership Rewards points, cash back, travel benefits, flexible payment options, employee spending, and expense management tools. That said, as a legacy bank, it still falls short of financial platforms like Slash in several ways.
Amex’s business products are still largely organized around cards, rewards, and conventional banking services, not around the full range of ways modern companies hold and move money. Businesses can’t use the Amex platform to send stablecoins or initiate instant payments through the RTP Network and FedNow. That means companies with real-time payment needs, digital asset workflows, or more sophisticated vendor payment operations may still need to add other providers and reconcile their activity across a bunch of different systems.
American Express also lacks a couple distinct accounts that Slash users can take advantage of. For example, Slash Treasury can earn up to 3.82% annualized yield on idle cash, while Amex doesn’t have a treasury account. It does offer a high-yield savings account, but at 3.00% APY, it can’t match Slash Treasury. Slash also comes with a Global USD account, which gives eligible companies outside the United States access to USD and U.S. payment rails without requiring a U.S. entity. While Amex is available to businesses in other countries, it doesn’t allow them to access the U.S. dollar in that capacity.
All in all, Slash takes a modern, digital-native approach that American Express doesn’t. Cards are only one part of a broader financial operating system that brings together business banking, modern payment rails, stablecoin payments, Global USD, and much more on a live financial dashboard. Amex is a solid option for a conventional business-card relationship, but Slash is designed for companies that want their cards, cash, payments, and global financial operations to work together.
Last updated 08/19/26
Issue unlimited virtual and physical cards with custom permissions for granular control.
Slash tracks spending across entities, surfacing savings opportunities and inefficiencies instantly.
Slash was built for operators managing multiple entities. Simply toggle between LLCs and accounts with one click.
“Without Slash, we’d still be relying on spreadsheets to manage our financial backend. Slash has made us much more efficient and allows my team to truly understand where our spending is going.”
Rikki Agarwal
— Co-founder & CBO at Blink Digital
Rikki Agarwal
— Co-founder & CBO at Blink Digital
“Slash’s platform makes it easy to create virtual cards, support is fast and amazing, and the cashback helps cover our shipping and ad spend. I use my Slash account as my main bank account.”
Jay-Jay P.
— Founder & CEO at Hike Footwear
Jay-Jay P.
— Founder & CEO at Hike Footwearin yearly payment volume
virtual cards issued
businesses
earned in cash back
If you're comparing platforms, start with the one that supports the future. Slash brings stablecoins into real business banking: instant transfers, global payments, automated accounting. None of the usual players come close.
Smarter spend, faster payments, better rewards.
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