Sling Money

sling.money →

-4%

est. 2Y upside i

FinTechSeries A

We aim to create a world where sending and receiving money is effortless. Our app allows users to pay people, not numbers - no IBAN, account numbers, or sort code required. All you need is the recipient's name to send money. Sling leverages blockchain technology to transfer in any currency almost instantaneously for a negligible fee. Founded by ex-Monzo Bank product and design leaders.

Rank

#3025

Sector

Fintech

Est. Liquidity

~3Y

Data Quality

Data: Low

Despite a large TAM ($751B) and recent regulatory wins (FCA registration, rebrand to Morse with product expansion), the lack of revenue disclosure and a stale Series A valuation ($90M from August 2024) make the equity highly speculative.

Last updated: July 3, 2026

Bull (10%)+280%

Morse captures regulatory advantage and scaling cross-border volumes; reaches $50M revenue by year 2, trading at 5x forward revenue ($250M exit). 20% dilution reduces net upside to 280%.

Base (45%)+30%

Morse grows steadily but faces competition from incumbents; reaches $20M revenue, trades at 4x ($80M exit) near current valuation. Dilution reduces net upside to 30%.

Bear (45%)-100%

Execution stumbles or incumbent pressure forces fire sale below $20M; preference stack liquidates common equity to zero. Full loss of equity value.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

22%

Total $20M preferred at $90M valuation represents 22% overhang, significant but not severe.

Dilution Risk

high

Company may need to raise additional capital within 2 years given early stage and no revenue data.

Secondary Liquidity

none

No secondary transactions reported.

View all 2 open roles at Sling Money →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Sling Money's data — designed to show you've done your homework.

  • 1

    “How does Morse plan to differentiate from Wise given similar target customers?”

  • 2

    “What is the current transaction volume and take rate?”

  • 3

    “Given the early stage and lack of revenue data, what milestones would trigger a liquidity event?”

Community

Valuation Sentiment

Our model estimates -4% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.