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Saved February 14, 2026
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Slash introduces a new banking platform that allows users to open a USD account without needing an LLC or other complicated requirements. The service promises no fees for receiving funds and offers cash rewards for account holders. It targets foreign entrepreneurs seeking easier access to U.S. banking.
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Slash Global USD is a new banking platform that allows users to open a U.S. dollar account without the usual hurdles of needing an LLC, EIN, or facing arbitrary account closures. This service emerged after three years of legislative changes and development. Users can set up an account in about 10 minutes using foreign documents, bypassing the typical $1,000 fees, tax IDs, and virtual addresses that traditional banks require.
The platform also eliminates hefty fees associated with other services like PayPal, which charges 3-4% for conversions. Slash allows users to receive USD and USDC without any fees and offers cash rewards of up to 4.5% for holding funds. The founders emphasize their commitment to customer satisfaction by promising to donate $10,000 to a charity if they wrongfully freeze a user's funds.
Founded by a Venezuelan immigrant who dropped out of a top U.S. school, Slash has quickly gained traction, with 3,000 businesses already using the service. They recently acquired the domain Slash.com for $1 million and handle $4 billion in annual credit card spending. To celebrate the launch, Slash is providing a free AI finance agent that monitors bank accounts for double charges and forgotten subscriptions, saving users significant amounts of money without requiring a Slash account. The company is currently offering a limited-time promotion for new sign-ups, which includes the cash rewards program.
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