Sling empowers the underserved micro-merchant sector, enabling them to unlock mobile finance to grow their business
Business Model: B2B
Revenue: $0
Employees: 1-10
Address:
City: Ramat Gan
State: Tel Aviv
Zip:
Country: Israel
Sling empowers the underserved micro-merchant sector, enabling them to unlock mobile finance to grow their business. More than 200m micro-businesses (flea market vendors, sole traders, etc) around the world are underserved by the entire financial chain: Unbanked. Un-Credited. Un-Technological. Sling is democratizing technology, enabling micro-businesses (tier 6, estimated at $80b USD) to finally adopt advanced payment methods, unlock analytics and leverage loyalty channels that have been nonexistent until now. No hardware. Instant onboarding. Zero friction between micro-merchant and consumer Merchants onboard the service in mere minutes and start accepting payments in a frictionless process. Merchants are geared with payment-enabled tangibles, named &s;Slings&s;; payment bracelet, labels and tag. Sling&s;s unique non-hardware tangible elements serve as both roving POS (at 0 cost) as well as an &s;access key&s; to a variety of unique FinTech capacities called Pebbles
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 6/2015 | Non Equity Assistance | 1 | - |
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3/2013 | Seed Round | $500k | 8/2014 | Seed Round | $1M | 6/2015 | Non Equity Assistance | 1 | - |
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