Avian Labs' Sling Money Secures $15M in Series A Funding for Its Effortless Money Transfer App

Sling Money is thrilled to announce that it has successfully raised $15 million in its latest funding round, a significant milestone that will propel the company further in its mission to create an effortless money transfer experience for users around the globe. By eliminating the complexity of traditional payment methods, Sling Money empowers users to send and receive funds seamlessly—without the need for cumbersome account numbers, IBANs, or sort codes. Instead, all users need is the recipient’s name, making transactions as simple as a friendly message. Utilizing cutting-edge blockchain technology, Sling Money ensures near-instantaneous transfers in any currency, paired with negligible fees. This innovative approach not only enhances the user experience but also drastically reduces the barriers and costs associated with today’s financial systems. With our platform now available in over 70 countries and accessible via Android and iOS app stores, this funding will be instrumental in scaling our technology and expanding our reach. The capital raised will primarily focus on further refining our app's user experience, expanding our marketing efforts, and enhancing our operational capabilities. We are excited to forge ahead on this journey and grateful for the support from our investors who share our vision of transforming how people handle money across the globe. As we continue to innovate and grow, Sling Money is committed to providing a service that truly caters to the needs of its users, ensuring that that sending money to friends and family becomes as effortless as sending a text.