Sling Money

Sling Money

Onchain Self-Custody
4.0 Score

Key Specifications

Network
Visa
Category
Onchain
Custody
Non-Custodial
Chain
Solana
Regions
global
Cashback
TBD in TBD
FX Fee
0%
Annual Fee
TBD

Overview

Sling Money is a global payments app built on the Solana blockchain that enables instant, free cross-border transfers using stablecoins (USDP, USDC, and EURC). Founded by a team with experience at Monzo, Revolut, Wise, Spotify, Facebook, Square, and Cash App.

The app lets you send money globally by searching for a recipient's name — no bank account numbers, IBANs, or addresses needed. Users can connect debit cards, bank accounts, or mobile money wallets and transfer between countries and currencies in two taps. Funds are converted to Pax Dollar (USDP), a fully reserve-backed stablecoin regulated by the New York Department of Financial Services.

Backed by Ribbit Capital and Union Square Ventures — two of the most respected fintech venture capital firms. Sling Money is available in the US, UK, EU, and expanding globally. Best suited for users who need affordable cross-border remittance with the speed and transparency of blockchain settlement.

Pros & Cons

✓ Pros

  • • Free instant global transfers
  • • Backed by Ribbit Capital & USV
  • • World-class team from Monzo, Revolut, Wise
  • • NYDFS-regulated stablecoin (USDP)
  • • Simple UX — send by name

✗ Cons

  • • No spending card yet (transfer-focused)
  • • Stablecoin conversion may confuse traditional users
  • • Limited to supported corridors
  • • Relatively new platform

Features

Instant global transfers
Solana stablecoin wallet
USDP + USDC + EURC support
Debit card funding
Mobile money integration
Cross-border remittance

Key Benefits

Ribbit Capital & USV backed
Ex-Monzo/Revolut/Wise/Cash App team
Free instant global transfers
Multi-country support

Frequently Asked Questions

How does Sling Money work?
When you add funds via debit card or bank account, they're converted to USDP (Pax Dollar) on Solana. You can then send money to anyone on Sling Money globally, instantly and for free. Recipients withdraw to their local bank or mobile money wallet.
Is Sling Money safe?
Sling Money uses USDP, a fully reserve-backed stablecoin issued by Paxos Trust Company and regulated by the New York Department of Financial Services. The company is backed by Ribbit Capital and Union Square Ventures.
Where is Sling Money available?
Sling Money is available in the US, UK, and multiple European and global markets. Check the app for the latest supported countries and corridors.

Ready to Get Started?

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