Total raised
$1.6M
Last: Seed 2014-08
Stage
Acquired
Founded
2013
Headcount
4
HQ
Herzliya
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
2014-08
Seed
$1.0M
2013-03
Seed
$600K
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