payments . mobile/digital wallet
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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 for the base-of-the-pyramid audiences, enabling them to finally adopt advanced payment methods, unlock analytics and leverage loyalty channels that have been non existent 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
Sling was acquired by Avante, a micro-credit company in July 2016. It is a payment platform that enables frictionless mobile payments between micro-merchants & consumers in real-world situations.
Sling App for Payments
The company earns revenues through payment processing fees
Micro-Merchants and Consumers
Citi Ventures
Mastercard
$6.67 M in 2015
For Profit
0.0 in 2015
Erez Yerushalmi
Jacob Cohen
Erez Yerushalmi
1-10
Yacov Cohen
NO
2
$1 M
Jun 2015
Private
$1 M
Aug 2014
NO
Avante
Jul 2016
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