Exclusive: Student micro-financing startup SlicePay acquires P2P lender Trustio

Exclusive: Student micro-financing startup SlicePay acquires P2P lender Trustio

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Exclusive: Student micro-financing startup SlicePay acquires P2P lender Trustio

Author: Binu Paul / Source: Techcircle.in – India startups, internet, mobile, e-commerce, software, online businesses, technology, venture capital, angel, seed funding

Blume Ventures-backed digital payment platform for college students SlicePay has acquired Trustio, a New Delhi-based peer-to-peer lending company, in an all equity deal.

The acquisition will help SlicePay expand its team and enhance its product capability, Rajan Bajaj, co-founder and chief executive of the payments startup told Techcircle.

Trustio is an invite-only alumni network that offers students and recent graduates a platform for borrowing and lending. The platform acts as a financial security net for users, where they can track…


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