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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

Arm Warns of Phone Market Weakness | Bloomberg Tech 5/7/2026

Bloomberg’s Caroline Hyde speaks with Arm CEO Rene Haas about sluggishness in the smartphone industry and growing demand from AI data centers. Plus, Anthropic signs an agreement with Elon Musk’s SpaceX to access computing resources from its competitor. And, the CEO of HawkEye 360 discusses the satellite surveillance firm’s IPO, which raised $416 million. ——–…

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Bloomberg’s Caroline Hyde speaks with Arm CEO Rene Haas about sluggishness in the smartphone industry and growing demand from AI data centers. Plus, Anthropic signs an agreement with Elon Musk’s SpaceX to access computing resources from its competitor. And, the CEO of HawkEye 360 discusses the satellite surveillance firm’s IPO, which raised $416 million.
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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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HawkEye 360 Goes Public In Latest Sign of IPO Demand

Hawkeye 360, a provider of satellite-based signals intelligence for US government agencies, raised $416 million in its US market debut. It’s the latest sign that the IPO market is picking up steam. HawkEye 360 CEO John Serafini speaks with Caroline Hyde on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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Hawkeye 360, a provider of satellite-based signals intelligence for US government agencies, raised $416 million in its US market debut. It’s the latest sign that the IPO market is picking up steam. HawkEye 360 CEO John Serafini speaks with Caroline Hyde on “Bloomberg Tech.”
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Tech Sector Layoffs Keep Mounting As Cuts in Other Sectors Fall

Tech sector job cuts and layoff announcements continue to mount in the US, even as overall private-sector layoff plans recede. Bloomberg’s Julia Fanzeres discusses what is driving the move in tech and how that’s translating to the wider economy. She joins Caroline Hyde on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Tech sector job cuts and layoff announcements continue to mount in the US, even as overall private-sector layoff plans recede. Bloomberg’s Julia Fanzeres discusses what is driving the move in tech and how that’s translating to the wider economy. She joins Caroline Hyde on “Bloomberg Tech.”
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