Digital lender Slice raises $20-M from Neo Asset Management

Bengaluru-based digital lender Slice has raised USD 20 million (about INR 170 crore) in a debt funding round from Neo Asset Management’s Credit Opportunities Fund. The funding is part of a larger USD 30 debt round. Slice will use the funds for corporate purposes and working capital requirements.Slice offers Slice Credit Card in collaboration with several non-banking financial companies (NBFCs).