Sling Money - About the company
Sling Money is a series A company based in Dover (United States), founded in 2022 by Mike Hudack. It operates as a Fintech platform providing a global payment solution. Sling Money has raised $20M in funding from investors like Ribbit Capital, Union Square Ventures and Slow Ventures. The company has 409 active competitors, including 55 funded and 12 that have exited. Its top competitors include companies like Chipper Cash, YouTrip and LemFi.
Company Details
Fintech platform providing a global payment solution. It enables users to send and receive money across various countries. The platform connects users' bank accounts, debit cards, and wallets to facilitate transactions.
- Website
- sling.money
Key Metrics
Founded Year
2022
Location
Dover, United States
Stage
Series A
Total Funding
$20M in 2 rounds
Latest Funding Round
Investors
Ranked
8th among 409 active competitors
Employee Count
44 as on Mar 31, 2026
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Sling Money's funding and investors
Sling Money has raised a total funding of $20M over 2 rounds. Its first funding round was on 2023. Its latest funding round was a Series A round on Aug 14, 2024 for $*****. 4 investors participated in its latest round. Sling Money has 4 institutional investors.
Here is the list of recent funding rounds of Sling Money:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 14, 2024 | 8542265 | Series A | 1430740 | 1149656 | 8272510 | 7066048 |
2023 | 6273 | Seed | 7789 | 4944 |
View details of Sling Money's funding rounds and investors
Sling Money's founders and board of directors
Founder? Claim ProfileThe founders of Sling Money is Mike Hudack. Mike Hudack is the CEO of Sling Money.
Here are the details of Sling Money's key team members:
- Mike Hudack: Co-Founder & CEO of Sling Money and founder of 1 other company. They are also an angel investor in 9 startups.
View details of Sling Money's Founder profiles and Board Members
Sling Money's employee count trend
Sling Money has 44 employees as of Mar 26. Here is Sling Money's employee count trend over the years:
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Sling Money's Competitors and alternates
Top competitors of Sling Money include Chipper Cash, YouTrip and LemFi. Here is the list of Top 10 competitors of Sling Money, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Chipper Cash 2018, San Francisco (United States), Series C | Cross-border remittance platform for individuals | $305M | 78/100 | |
2nd | NFC-enabled travel cards and multi-currency wallet transfer service for travelers | $106M | 75/100 | ||
3rd | LemFi 2020, London (United Kingdom), Series B | Provider of global money transfer and multi-currency wallet services | $86.9M | 74/100 | |
4th | Provider of international money transfer services enabling fast, low-cost cross-border payments | $252M | 73/100 | ||
5th | bKash 2011, Dhaka (Bangladesh), Series C | Mobile financial services and payment system for consumers | $261M | 73/100 | |
6th | Telcoin 2013, Los Angeles (United States), Seed | Wallet-enabled cross-border payment solution for consumers | $35M | 70/100 | |
7th | Taptap Send 2018, London (United Kingdom), Series B | App-based digital wallet for cross-border money transfers | $80M | 69/100 | |
8th | Sling Money 2022, Dover (United States), Series A | Fintech platform providing a global payment solution | $20M | 68/100 | |
9th | Pomelo 2019, San Francisco (United States), Acquired | Online cross-border remittance platform for individuals | $60M | 66/100 | |
10th | Wallet for cross-border money transfers | $24.6M | 66/100 |
Looking for more details on Sling Money's competitors? Click here to see the top ones
Sling Money's Investments and acquisitions
Sling Money has made no investments or acquisitions yet.
Reports related to Sling Money
Here is the latest report on Sling Money's sector:
News related to Sling Money
Media has covered Sling Money for 1 event in last 1 year.
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Sling Money Gets UK Approval for Crypto Services as Stablecoin Payments RiseCoinDesk•Dec 24, 2025•Sling Money
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Sling Money Obtains MiCA License and Launches EURC for Enhanced European Compliance and GrowthBusiness Wire•Apr 07, 2025•Sling Money
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Sling Money Launches in the U.S., Unlocking Instant Global Transfers for MillionsBusiness Wire•Nov 14, 2024•Sling Money
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Paxos Stablecoin-Based Remittance App 'Sling Money' Raises $15 Million in InvestmentDigitalToday•Aug 15, 2024•Paxos, Sling Money, Union Square Ventures, Slow Ventures and 1 other
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Sling Money, a stablecoin-based global payment app, raises $15 million in Series ACryptocurrency•Aug 15, 2024•Sling Money, Square
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Sling Money Raises $15M in Series A FundingFinSMEs•Aug 14, 2024•Sling Money, Union Square Ventures, Ribbit Capital, Slow Ventures and 1 other
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