In about six months with Slice, most users have a credit score of more than 700, he said. To Bajaj, the biggest attraction perhaps for users is that they are able to build credit scores, which would eventually make them eligible for better credit cards from other firms and banks, and enable them to secure loans for various purposes. To date, Slice has already amassed over three million users and is now bringing rewards to its app as it attempts to turn the plastic card into a larger financial instrument. In short, Slice has made it easier for far more people - even those without a traditional full-time job - to get a card, and the signup process doesn’t take forever. The four-year-old startup told Tech Crunch Slice offers a prepaid card that comes with a pre-approved credit line. Founder and CEO Rajan Bajaj reckons the banking industry in India has always viewed credit cards as a loan product rather than a payment product. The new-age payment card offered by Slice, a Bengaluru-based startup, is promising to solve these credit card woes for GenZ and millennials. That is what fintech firm Slice is around to do - to challenge the credit card industry in India. But this also means there is a higher penetration opportunity in the South Asian nation. Basically, Indians have lived much of their lives on debit cards, leaving them with little to no credit score.
In contrast, there are close to one billion debit cards in use in India today. The fintech firm has already amassed over three million users to date.įor every 100 people in India, there are only three credit cards.It also offers users the ability to split their bills and make payments in a duration of up to three months with no interest.Slice offers a completely zero-fee card with no hidden charges or annual fees.A Bengaluru-based startup is solving the credit card woes of GenZ and millennials in India.The other two studies show how long-term application of substances to slice cultures can be used to examine the consequences of epileptic discharges in vitro, as well as the effects of slowly acting clostridial neurotoxins on synaptic transmission. The first example indicates that, due to their high neuronal connectivity, slice cultures provide a very useful tool for studying the properties of synaptic transmission between monosynaptically coupled cell pairs. In this report, three typical experiments are discussed that illustrate the potential of the slice-culture technique. Slices maintained in stationary culture with the interface method are ideally suited for questions requiring a three-dimensional structure, whereas slices cultured in roller-tubes remain the method of choice for experiments that require optimal optical conditions. Several alternative culturing methods have been developed recently. Under these conditions, nerve cells continue to differentiate and to develop a tissue organization that closely resembles that observed in situ. The basic requirements are simple: a stable substratum, culture medium, sufficient oxygenation and incubation at a temperature of about 36 degrees C.
Slices of CNS tissue prepared from young rodents can be maintained in culture for many weeks to months.