Tech Company Financing Transactions
Sling Money Funding Round
Sling Money closed a $15 million Series A investment round on 8/14/2024. Backers included Ribbit Capital, Slow Ventures and Union Square Ventures.
Transaction Overview
Company Name
Announced On
8/14/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
Amsterdam, Undisclosed
The Netherlands
Amsterdam, Undisclosed
The Netherlands
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Sling aims to create a world where sending and receiving money is effortless. The app allows users to pay people, and not numbers - no account numbers, IBAN or sort code needed, all you need is the recipient's name to send them money. The app leverages blockchain technology to allow for almost instant money transfers, in any currency, for a negligible fee. Sling is available in 25+ countries and is available in the Android and iOS app stores. Sling is a product by Avian Labs.
Management Team
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Where The Data Comes From
Our team works diligently to document every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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