New Delhi, June 29 -- Three years after a regulatory crackdown disrupted its core business, fintech startup Slice says it has turned profitable on a monthly basis and is targeting full-year profitability in FY26.

The turnaround follows its transition into a regulated bank after its final merger with North East Small Finance Bank (NESFB) in October 2024.

Slice was among several fintechs forced to stop offering credit line offerings via prepaid payment instruments (PPI) wallets after the Reserve Bank of India's 2022 circular. This effectively shut down Slice's popular card offering, which had gained traction among younger Indian users.

Following its acquisition and merger with NESFB, Slice has stabilised its operations, consolidated asse...