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Slash CEO on Displacing ‘Legacy’ Banks With AI Agents

Slash Financial recently raised $100 million to expand its hyper-tailored banking services into new global markets and industries. With $300 million in ARR, Slash is using AI agents to automate back-office tasks like document parsing and dispute processing. Co-founder and CEO Victor Cardenas speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like…

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Slash Financial recently raised $100 million to expand its hyper-tailored banking services into new global markets and industries. With $300 million in ARR, Slash is using AI agents to automate back-office tasks like document parsing and dispute processing. Co-founder and CEO Victor Cardenas speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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4 Comments

4 Comments

  1. @plpk

    April 16, 2026 at 4:07 pm

    1:23 BINGO 🎉 AI mention

    Also, this guy is giving me Elizabeth Holmes vibes

  2. @plpk

    April 16, 2026 at 4:09 pm

    2:20 there’s a reason banks still use COBOL and it’s because it’s reliability and trustworthiness. None which you currently get with AI right now especially at the break-neck speed that things are moving. I wouldn’t give this company a dime. This is a failure from the get-go, especially because this individual doesn’t have to maturity to understand things. He just saw AI as an opportunity to sell us snakes oil.

  3. @plpk

    April 16, 2026 at 4:13 pm

    Could you imagine a bug in the AI coded stuff from this company that prevents people to make transactions for two or three days before they fix it? COBOL, for example is still used in servers for banks since the 1980s because the absolute utmost important in any economic system is the ability to not fail when doing transactions, for example.

  4. @Max-hj6nq

    April 16, 2026 at 9:07 pm

    I don’t think this @plpk guy likes the Slash guy

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Bloomberg Technology

SK Hynix US Listing Demand Soars | Bloomberg Tech 7/09/2026

Bloomberg’s Ed Ludlow takes a look at SK Hynix’s oversubscribed US listing, priming the Korean memory maker for the biggest ever foreign first-time-share-sale in America. Plus, Micron boosts its spending on new American plants to $250 billion to meet surging memory demand; and Meta unveils its latest AI model, pricing it aggressively and talking up…

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Bloomberg’s Ed Ludlow takes a look at SK Hynix’s oversubscribed US listing, priming the Korean memory maker for the biggest ever foreign first-time-share-sale in America. Plus, Micron boosts its spending on new American plants to $250 billion to meet surging memory demand; and Meta unveils its latest AI model, pricing it aggressively and talking up its agentic capabilities versus Google’s Gemini.

00:00:00 – Bloomberg Tech Begins
00:01:23 – Bailey Lipschultz & Ian King, Bloomberg News
00:06:30 – Katrina Dudley, Franklin Templeton
00:11:10 – Delian Asparouhov, Varda Chairman & Co-Founder
00:19:20 – Kurt Wagner, Bloomberg News
00:23:56 – Ryan Vlastelica, Bloomberg News
00:26:35 – Louie DiPalma, William Blair
00:34:32 – Michael Shepard, Bloomberg News
00:38:20 – Emily Birnbaum, Bloomberg News
00:41:25 – Mandeep Singh, Bloomberg Intelligence
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Wall Street’s First Take on SpaceX

The quiet period has ended for underwriters of SpaceX’s IPO, and analysts are starting to publish their views on Elon Musk-led company. William Blair’s Louie DiPalma launched coverage with a bullish rating, citing the company’s growing advantage as rival Blue Origin turns to outside investors. He joins Ed Ludlow on “Bloomberg Tech.” ——– Like this…

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The quiet period has ended for underwriters of SpaceX’s IPO, and analysts are starting to publish their views on Elon Musk-led company. William Blair’s Louie DiPalma launched coverage with a bullish rating, citing the company’s growing advantage as rival Blue Origin turns to outside investors. He joins Ed Ludlow on “Bloomberg Tech.”
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The Space Boom’s Biggest Bottleneck

Money is flooding into the space economy, from SpaceX’s record IPO to Blue Origin’s first outside fundraising effort. But while capital is abundant, rocket launches are not. Founders Fund Partner and Varda Space Chairman Delian Asparouhov explains why access to space could become the industry’s biggest bottleneck. He joins Ed Ludlow on “Bloomberg Tech.” ——–…

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Money is flooding into the space economy, from SpaceX’s record IPO to Blue Origin’s first outside fundraising effort. But while capital is abundant, rocket launches are not. Founders Fund Partner and Varda Space Chairman Delian Asparouhov explains why access to space could become the industry’s biggest bottleneck. He joins Ed Ludlow on “Bloomberg Tech.”
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