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Slash
Web3 payment provider
- 1-20 employees
- B2B
- Cryptocurrency
- Payments
- Web 3.0
- Horsepath, Road Town, Tortola
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Company mission
To make it easy for businesses to receive payments in cryptocurrency.
Our take
While cryptocurrencies have been gaining traction in everyday commerce for quite some time, businesses can usually only accept payments from one or two of the larger currencies. This presents a problem for traders who may have holdings in multiple smaller tokens, who must first trade those for Bitcoin or USDC to make everyday purchases. Slash aims to shake this up with a payments solution that allows merchants to take payments using any token with sufficient liquidity.
Slash does limit its users to a particular wallet, in this case Metamask or a WalletConnect alternative, but these are the most-used self custodial wallets so this is unlikely to be a drawback for business customers. Slash is aiming itself mainly at the restaurant, retail and luxury industries initially but will expand into new sectors as its product is taken up.
Having raised good funding, Slash is taking aim at becoming a global leader in cryptocurrency payments. Currently conducting most of its business in Japan, it is moving to increase its customer base and grow its presence in the USA, Latin America, Canada, EU, Africa and Asia.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Possibility of cryptocurrency payments
Funding (2 rounds)
Nov 2022
$1.5m
SEED
Jan 2022
$1.5m
SEED
Total funding: $3m
Leadership
Shinsuke Sato
(CEO)Is also the CEO of holyday, the Owner of DEV VERSE and Marketing Director of Cloud Consulting PTE.
Tatsuya Yagi
(CTO)Was Senior Solutions Architect at Amazon Web Services and a Software Application Engineer for Fujisan Magazine Service.