Fundz

Sling Money raised $15M in a Series A funding round to enhance its blockchain-based app for peer-to-peer international money transfers.

PRIVATEAug 14, 2024

Amount Raised

$15 Million

Round Type

Series A

AmsterdamFintechBlockchainCryptocurrency

Description

Sling Money has successfully secured $15 million in Series A funding, aimed at improving its blockchain app for seamless international money transfers. The funding will help the company tackle challenges related to user accessibility and the integration of cryptocurrencies.

Quick answer

Sling Money raised $15 Million in a Series A round, dated August 14, 2024. Sling Money is based in Amsterdam, North Holland, Netherlands.

How much did Sling Money raise?
Sling Money raised $15 Million in a Series A round on August 14, 2024.
What does Sling Money do?
Sling aims to create a world where sending and receiving money is effortless.
Where is Sling Money based and how big is it?
Sling Money is based in Amsterdam, North Holland, Netherlands.
Who are the decision-makers at Sling Money?
Fundz holds 1 contact at Sling Money. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Fintech and Blockchain around the same time

Companies in the same sectors as Sling Money that raised within 45 days of this round, from Fundz verified event records.

  • Helix Labs raised $2M (Pre-Seed) on September 23, 2024.
  • True Markets raised $9M (Seed) on September 18, 2024.
  • Yellow Network raised $10M (Seed) on September 17, 2024.
  • Bitstaker raised $6M (Series A) on September 11, 2024.
  • Ark Labs raised $2.5M (Pre-Seed) on August 22, 2024.
  • Stewards, Inc. raised an undisclosed amount on August 22, 2024.

Who to call at Sling Money, and when

A new round usually means Sling Money is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Sling Money raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Sling Money, from your own LinkedIn network

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Company Information

Company

Sling Money

Location

Amsterdam, North Holland, Netherlands

About

Sling aims to create a world where sending and receiving money is effortless. The app allows users to pay people, and not numbers - no account numbers, IBAN or sort code needed, all you need is the recipient's name to send them money. The app leverages blockchain technology to allow for almost instant money transfers, in any currency, for a negligible fee. Sling is available in 25+ countries and is available in the Android and iOS app stores. Sling is a product by Avian Labs.

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Fundz sees it the moment Sling Money raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Sling Money raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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