Last updated 2026-07-21
- Acquired by Avante for $10M, Jul 2016
- Raised $1M Series A, Jul 2014
- Raised $600k Seed round, Feb 2013
Total raised
$1.6M
Last: Undisclosed Round 2014-08
Stage
Acquired
Founded
2013
Headcount
4
HQ
Herzliya, Israel
Sector
Fintech & Insurtech
About
More than 200 million micro-businesses (e.g. flea market vendors, sole traders, etc.) worldwide are under served by the entire financial chain. Sling aims to democratize technology for these base-of-the-pyramid merchants, enabling them to finally adopt advanced payment methods, unlock analytics, and leverage loyalty channels. With Sling, merchants are geared with payment-enabled tangibles called Slings, including payment bracelets, labels, and tags. Slings non-hardware tangible elements serve both as a roving POS (at no cost) and as an access key to a variety of unique fintech capacities called Pebbles.
Funding history · 2 rounds · $1.6M total
2014-07
A Round
$1.0M
2013-02
Seed
$600K
Headcount over time
From 7 (2016-07) to 4 (2023-11) · -3 (-43%) · 2 points · source: Finder history + radar grounding
Q&A
- What is Sling's primary business?
- Sling provides a mobile payment solution specifically designed for the micro-merchant sector, aiming to enable small businesses to adopt advanced payment methods and leverage fintech capacities.
- When was Sling founded?
- Sling was founded in January 2013.
- Where is Sling headquartered?
- Sling is headquartered in Herzliya, Center District, Israel.
- What is the total amount of funding Sling has raised?
- Sling has raised a total of $1,600,000 in funding.
- When was Sling's last funding round?
- Sling's last funding round occurred in August 2014, raising $1,000,000.
- What is Sling's primary sector?
- Sling's primary sector is Fintech & Insurtech.
- What is Sling's current status?
- Sling's current status is 'Acquired', indicating it was acquired by Avante in July 2016.
Team · 2
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesMobile
Target customers
Commerce & RetailDistribution ChannelsDirect-to-consumerEnterprise & Professional ServicesSMBs & SMEs
Business model
B2B2C
Highlights
Verified
Tags
paymentssmbfintechmobile-applicationsmobile-paymentstransactionsunbankedpersonal-finance
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/5142256 | |
| facebook.com/sling.payments | |
| YouTube | youtube.com/channel/UCBbYybW2dw10mati4Rm-dDw |
Identifiers & details
| Former names | TipAir |
|---|---|
| Founded | 2013-1 |
| Employees (exact) | 4 |
| Status reason | Acquired (Inactive) by Avante on Jul 2016 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Avante 2016-07 $10.0M
Radar intelligence
Patents
| EPO | 1837 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514987007 |
|---|---|
| Status | מחוסלת מרצון — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2013-11-06 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2017 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | דרך בן גוריון דוד 2 רמת גן |