According to Foresight News, the stablecoin payment app Sling Money has completed a $15 million Series A financing round led by Union Square Ventures, Ribbit Capital and Slow Ventures. Sling Money previously raised a $5 million seed round led by Ribbit Capital and participated by Slow Ventures.
Sling Money combines stablecoin technology with a user-friendly interface and seamlessly integrates with fiat payment systems to enable better and cheaper global money transfers.