Sled, Inc. is a financial technology company that has developed a payment network designed to bypass traditional card networks like Visa and Mastercard. Its mission is to eliminate the costly interchange and transaction fees (typically 2-4%) that merchants pay on every credit card transaction. By leveraging open banking technology and direct bank-to-bank (ACH) transfers, Sled facilitates payments at a significantly lower cost, allowing merchants to retain more of their revenue. The service is positioned as an alternative payment method that benefits businesses by reducing operational expenses.

Founded in

Brazil