Slash raises $100M Series C at a $1.4B valuation
Slash pairs digital banking¹ with high-yield treasury⁶, advanced analytics and automations, up to 2% cash back, and an agentic AI assistant. As a result, business owners get deeper control and more flexible money movement than they do with institutions like Bank of America.
How Slash delivers more value, side by side.
| Features |  |  |
|---|---|---|
| Unlimited virtual cards | ||
| Granular card spend controls (merchants, limits, categories) | ||
| Native stablecoin payments with direct on/off ramps⁴ | ||
| Developer-friendly APIs | ||
| A true agentic AI assistant | ||
| High-yield treasury | ||
| Integrated analytics and accounting automation |
Last updated December 18, 2025
Bank of America is one of the United States’ largest and most established financial institutions, with a broad suite of services for businesses of nearly every size. It spans traditional deposit accounts, payments, lending, foreign exchange, liquidity management, and corporate cards. Through platforms such as CashPro, Bank of America gives finance teams tools to monitor accounts and transactions, manage working capital, and oversee complex payment operations. Despite these tools, it still can’t match the capabilities of a more modern finance platform like Slash.
While Bank of America comes with treasury management services, it doesn’t offer its own high-yield treasury account. With Slash, users can earn up to 3.82% on idle cash through a treasury account backed by BlackRock and Morgan Stanley. The most interest you can earn on idle balances with Bank of America is a mere 0.04%, with their Advantage Savings account.
Bank of America also falls short when it comes to payment rails, especially ones that cross borders. The institution doesn’t support international ACH, nor can its users send or receive crypto. As a result, customers are often stuck with pricey SWIFT transfers. With Slash, businesses can save time and money with low-cost stablecoin payments that can settle in minutes. If their vendors don’t use crypto, they can instead send funds through international ACH with fees that are almost always lower than SWIFT’s.
To keep up with modern competitors, Bank of America has invested heavily in AI, mostly through “Erica” and CashPro Chat. Erica is useful as a virtual assistant; she can surface information, provide account and transaction support, answer questions, and deliver personalized insights. However, she can’t understand a goal, coordinate a multistep workflow, and carry out authorized work on a business’s behalf. As an agentic AI, that’s what Slash’s Twin is built for. Twin can help finance teams investigate activity, monitor accounts, analyze spend, and take supported actions within established permissions and audit controls. When authorized, Twin can even make purchases on your behalf. Erica helps customers navigate Bank of America and learn more about their spending, while Twin is designed to help businesses fully manage their finances.
Last updated 08/19/26
Slash beats competitors in offering top-of-the-line marketing granular card controls.
Slash goes beyond, combining banking, spend management, analytics, and global payments in one system
Slash was built for operators managing multiple entities. Simply toggle between accounts with a single 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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