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Stablecoin Payment App Sling Money Completes $15 million Series A Funding

Stablecoin payments app Sling Money closed a $15 million Series A round led by Union Square Ventures, Ribbit Capital and Slow Ventures. Sling Money also 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 for better and cheaper global money transfers.