Slash bank, opinions?

[CEO]

They raised $60M for this moment: Introducing Slash Global USD (in partnership w/ @base).

It's the first banking platform that lets you open a USD account without an LLC, EIN, or the rampant account closures they call "account safety".

It took major legislative changes AND 3 years to pull this off.

Here's what makes it so different:

1. Banking without an LLC. Before Slash: You needed a LLC, $1K in fees, a virtual address, and a U.S. tax ID. With Slash you get a real U.S. account & routing number in ~10 minutes with your foreign documents.

2. No more hefty fees. PayPal charges a 3-4% conversion fee. We let you receive USD and crypto (USDC) with NO fees. Not enough? We pay you up to 4.5% cash rewards just for holding your money with us.

3. Account freezes. The big guys love flagging success as “fraud”. We're built for fast moving founders. We'll never wrongfully freeze your funds. I'm putting my money where my mouth is: If we do, I'll wire $10K to a charity of your choice.

Banking Platform and Expense Management Software | Slash

Slash is a better business banking platform for entrepreneurs. 2% cashback, unlimited virtual cards, free wires, and more.

www.slash.com

Johnny, what do you think 😁

 

[JohnnyDoe]

Johnny, what do you think 😁

I have just submitted an application for an Estonian company, will update on the progress.

 

[CEO]

I have just submitted an application for an Estonian company, will update on the progress.

I didn't understand. Banking without an LLC

 

[JohnnyDoe]

I didn't understand. Banking without an LLC

they mean that you don't need a US LLC to open a US bank account: you can apply with foreign companies as well.

 

[CEO]

I have just submitted an application for an Estonian company, will update on the progress.

Waiting you mate.

 

[JohnnyDoe]

Waiting you mate.

they asked for some invoices issued by the company, I provided them today.

 

[JohnnyDoe]

"We need more time to check your application

Your application is being reviewed. We will notify you by email if you are approved."

 

[CEO]

I don't why they took to much time in verification process in 2025.

 

[JohnnyDoe]

I don't why they took to much time in verification process in 2025.

One week later, no updates

 

[JohnnyDoe]

14 days later, no updates:

We need more time to check your application
Your application is being reviewed. We will notify you by email if you are approved.

 

[CEO]

Maybe it's only marketing.

 

[JohnnyDoe]

Maybe it's only marketing.

maybe it's a honeypot

 

[CEO]

maybe it's a honeypot

Probably yes.

 

[JohnnyDoe]

They sent me an email! 😱

Hi xxx, I'm Mahaveer, working on Product Operations at Slash. We are excited to see your interest in Slash and apologize for the long wait. We have sent your application for priority review and you can expect a final decision on your application by Wednesday 3rd September.

 

[CEO]

They sent me an email! 😱

Hi xxx, I'm Mahaveer, working on Product Operations at Slash. We are excited to see your interest in Slash and apologize for the long wait. We have sent your application for priority review and you can expect a final decision on your application by Wednesday 3rd September.

Don't mind me asking what kind of product or service the Estonian company is providing? In general.

Updated...

The Estonian company, just wanted to know to understand if the bank is complicating the on-boarding process for specific services.

 

[JohnnyDoe]

The Estonian company, just wanted to know to understand if the bank is complicating the on-boarding process for specific services.

Pretty boring business consisting in reselling stuff and providing consulting services on how to use/install it.

 

[CEO]

Pretty boring business consisting in reselling stuff and providing consulting services on how to use/install it.

Thank you, I had one in Tallinn, in advertising long time ago we worked with tax advisors.

 

[JohnnyDoe]

Approved!

We're happy to inform you that your Slash Global USD account has been approved and you can now hold, send, and receive USD, USDC, and USDT.

With your new Global USD account, you can:

• Access your funds 24/7 – No bank hours or waiting, even on weekends and holidays
• Send payments globally – Wire, ACH, or crypto across 9 blockchain networks

 

[CEO]

Approved!

We're happy to inform you that your Slash Global USD account has been approved and you can now hold, send, and receive USD, USDC, and USDT.

With your new Global USD account, you can:

• Access your funds 24/7 – No bank hours or waiting, even on weekends and holidays
• Send payments globally – Wire, ACH, or crypto across 9 blockchain networks

Congratulations man, you deserve it