Vestiaire Collective: Raises €178M in Funding

  • Vestiaire Collective, a Paris, France-based global platform for second-hand fashion, closed a new €178m financing round
  • The company intends to use the funds to scale up its technology and data innovation roadmap
  • Vestiaire Collective is a global app for pre-loved fashion
  • It provides its community with inspiration, tools and features to sell and buy unique pre-loved pieces from each other’s wardrobes
  • The platform has an inventory of 3 million items that includes 140,000 new listings every week
  • Launched in Paris in 2009, the company has offices in Paris, New York, Hong Kong, Singapore and a tech hub in Berlin
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment. Highlights: UniCredit invests $4 million in Blockinvest to...

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services. Highlights: DTCC announces shift to public cloud...

SocGen Introduces Stablecoin for MetaMask Wallet Users

New offering enhances digital asset management for users. Highlights: SocGen's stablecoin is now available for MetaMask users.This move simplifies...

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector. Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...