Stablecoin payment app Sling Money completes $15 million Series A financing

Stablecoin payment app Sling Money has completed $15 million Series A financing, 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 achieve better and cheaper global money transfers.