Mobile Payment Solution for the Micro-merchant Sector
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.
| Name | Sling |
|---|---|
| Slug | sling |
| Former names | TipAir |
| Type / kind | startup |
| Crunchbase ID | sling |
| Source _id | agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgJ6byYUJDA |
| Status | inactive |
|---|---|
| Status reason | Acquired (Inactive) by Avante on Jul 2016 - closed due to acquisition |
| Last update | 2026-05-17 |
| HQ country code | IL |
|---|---|
| HQ region/district | Center District |
| HQ city | Herzliya |
| HQ address | Arieh Shenkar Street 1, Herzliya, Israel |
| Total raised | $1.6M |
|---|---|
| Current stage | Acquired |
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