Slash Financial has launched a Meta Invoice Cashback programme offering 1% cashback on eligible Meta advertising invoice payments made via ACH, wire, FedNow or SWIFT. The programme targets high-volume advertisers who lost credit card rewards when Meta shifted them to invoice-based billing. Advertisers with qualifying Slash accounts can earn cashback automatically, credited the following month. Those maintaining an eligible balance of $16 million or more can earn up to $40,000 monthly on Meta invoices alone. The San Francisco-based business banking platform, founded by Victor Cardenas and Kevin Bai, serves over 5,000 customers who have earned more than $103 million in total cashback. Slash also offers corporate cards with uncapped cashback up to 2%, FDIC-insured checking and stablecoin payment support. Banking services are provided by Column N.A.

Fintech startup Slash has raised $60 million and launched Global USD, a USD-denominated solution on Coinbase's Base blockchain. Founded by Victor Cárdenas, Slash aims to integrate decentralized infrastructure into mainstream finance. Global USD, resembling a stablecoin, offers low-cost, high-throughput transactions. This move positions Slash in the competitive stablecoin market, leveraging Base's scalability for cross-border payments. The company is poised for rapid expansion with its new funding.