FinTechFunding

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
Previous article
Spreedly: Launches New Partnership Program for Payment Service Providers
Next article
Aghaz: Selects DriveWealth
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

FinTech

Nium Launches Dual-Network Stablecoin Card Issuance Platform

New platform aims to streamline stablecoin card issuance and enhance user experience. Highlights: Nium unveils a new platform for...
FinTech

Wise Launches UK Current Accounts, Expanding Financial Services

The new accounts aim to simplify banking for UK customers. Highlights: Wise introduces current accounts to UK market.The new...
FinTech

Lloyds Bank Strengthens Research on AI Impact in Software Engineering

The collaboration aims to explore the future of technology in banking. Highlights: Lloyds Bank partners with the University of...
FinTech

Valt Bank Secures De Novo Bank Charter, Expanding Banking Options

New bank charter enables Valt Bank to offer innovative financial services. Highlights: Valt Bank has been granted its de...