Sling

Israel
Ramat Gan, Tel Aviv, Israel

Company profile

Sling company profile

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 'Slings'; payment bracelet, labels​ and tag. Sling's unique non-hardware tangible elements serve as both roving POS (at 0 cost) as well as an 'access key'​ to a variety of unique FinTech capacities called Pebbles

Business identity

Contact email
[email protected]
Phone number
+972 54-468-8538
Operating status
Closed
Company type
For Profit
Employee range
1-10 employees
Founded
2013-01-01, Year

Headquarters

Country code
IL
Continent
Asia

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
3
Total equity funding
$1.5M
Last funding
Non Equity Assistance / 2015-06-01
Last equity funding
Seed / $1M
Investors
1
Lead investors
1
Founders
2
Articles
67
Closed on
2016-07-11
Exited on
2016-07-11

Founders and investors

Founders

Erez YerushalmiYacov Cohen

Lead investors

Mastercard Start Path

Investors

Mastercard Start Path