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

JPMorgan Pilots Software to Monitor Junior Bankers’ Working Hours

New initiative aims to enhance oversight of junior employee hours worked. Highlights: JPMorgan tests software to monitor working hours...
FinTech

Goldman Sachs to Implement Performance-Based Staff Cuts in April

The bank plans restructuring amidst shifting financial landscape. Highlights: Goldman Sachs plans performance-based staff cuts in April.The restructuring aims...
FinTech

Nasdaq Secures SEC Approval for Trading Tokenized Securities

This marks a significant advancement in digital asset trading. Highlights: Nasdaq gains SEC approval for trading tokenized securities.This approval...
FinTech

Aveni Launches Agentic AI Council to Enhance AI Ethics

New council aims to guide ethical AI development and deployment strategies. Highlights: Aveni establishes the Agentic AI Council for...