Sling

paymentsmobile/digital wallet

STATUS: Acquired/Merged
FOUNDING YEAR: 2013
LOCATION: Israel
Last Update: 17/07/2020

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About

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.

Focus

PRODUCTS & SERVICES

Sling App for Payments

REVENUE MODEL

The company earns revenues through payment processing fees

MAIN CLIENTS

Micro-Merchants and Consumers

EXISTING PARTNERSHIPS

Citi Ventures

Mastercard

Traction

VALUATION / MARKET CAP:

$6.67 M in 2015

REVENUE

0.0 in 2015

People

FOUNDERS

Erez Yerushalmi

Jacob Cohen

BOARD MEMBERS AND ADVISORS

Erez Yerushalmi

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Erez

MasterCard Start Path

KEY EMPLOYEES:

Yacov Cohen

Momentum

FUNDED

YES

TOTAL FUNDING

$1 M

DATE OF LAST FUNDING

Jun 2015

SEED & PRIOR FUNDING

$1 M

SEED CLOSED ON

Aug 2014

LISTED

NO

Innovation Programs

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2013

LOCATION:

Israel

Views:

76 VISITORS | 163 VIEWS
LATEST FUNDING ROUND

$1 M

TOTAL EMPLOYEES
1-10

About

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.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Innovation Programs

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