Tagged: fashion

Mars Growth Capital, Liquidity Group Provide $30M in Funding to Fashinza, an AI-enhanced Marketplace for Fashion Supply Chains

Mars Growth Capital and Liquidity Group, a technology firm that has become the industry’s “fastest-growing” lender to mid-market, late-stage companies globally by automating the entire debt lending cycle, announced a $30M funding deal with Fashinza, an AI-driven B2B marketplace for global fashion supply chains. The… Read More

nOFTEN, FTV Uniting to Promote Fashion-Focused NFTs

nOFTEN, an NFT marketplace for celebrities and artists, is teaming up with Fashion TV (FTV), an international fashion and lifestyle channel, to promote fashion-focused NFTs. “NFTs are a gold rush for artists and celebrities, churning out mind-boggling pay-outs for early adopters if used right,” FTV… Read More

Qatar Development Bank and Creative Startup Hub M7 Launch Incubator to Support Tech Firms and other Businesses

The Qatar Development Bank (QDB) and M7, a creative start-up hub that’s operated under Qatar Museums, are introducing Scale7, which is a business incubator for MENA region entrepreneurs. Scale 7 aims to support a creative and artistic ecosystem. The initiative will help Qatari entrepreneurs, local… Read More

Fintech for Fashion: Purple Dot Raises £1.35 Million Seed Round

Purple Dot, a payment platform for fashion merchandisers that enables consumers to offer to purchase a product at below the retail recommended price, has raised a £1.3 million seed round. The funding was led by Connect Ventures. Other investors participating in the round include AI… Read More

Update: Troubadour Goods’ Latest Equity Crowdfunding Campaign Surpasses £600,000 During the Final Week on Seedrs

UK-based menswear brand Troubadour Goods has successfully raised more than £600,000 through its latest equity crowdfunding campaign on Seedrs. The funding round was launched last month and quickly secured its initial £500,000 funding target.  As previously reported, Troubadour Goods seeks to design, create and sell… Read More

Update: Common Objective Set to Close Crowdcube With Nearly £400,000 in Funding

  Common Objective, a global B2B fashion sourcing and information platform, is set to close its equity crowdfunding platform Crowdcube with nearly £400,000 secured. The funding round was launched last month and has already attracted more than 300 Crowdcube investors. As previously reported Common Objective… Read More

Overfunding: Troubadour Goods Returns to Seedrs & Quickly Secures £500,000 Funding Target

Just a little over six months after securing £436,763 through its previous Seedrs campaign, UK-based menswear brand Troubadour Goods has returned to the equity crowdfunding platform and has already raised its initial £500,000 funding target. The company noted that the direct investment reflected in the… Read More

Overfunding: Global B2B Sourcing & Information Platform Common Objective Quickly Surpasses £350,000 Crowdcube Funding Target

  Common Objective, a global B2B fashion sourcing and information platform, has successfully secured its initial £350,000 funding target through equity crowdfunding platform Crowdcube. Founded in 2016, Common Objective (CO) describes itself as an online platform that uses personalization and matching technology to connect buyers… Read More

British Womenswear Fashion Brand & Crowdcube Success Hope Fashion Now Seeking £450,000 Through New Seedrs Campaign

Hope, an online fashion brand that targets women ages 50 and older, is now seeking £450,000 through its equity crowdfunding campaign on Seedrs. The launch of this funding round comes less than three years after Hope raised £561,600 through its Crowdcube initiative. As previously reported,… Read More

Global Luxury Fashion Tech Platform Farfetch Scores $250 Million Through Private Placement From Tencent & Dragoneer

Farfetch Limited (NYSE: FTCH), a global technology platform for the luxury fashion industry, today announced that it has agreed to issue and sell, through a private placement, convertible senior notes in an aggregate principal amount of $250 million. Tencent, a global technology platform based in… Read More

Payments Provider Klarna Announces Expansion of Partnership With UK Footwear Retailer schuh

Payment processing platform Klarna announced earlier this week it is expanding its partnership with UK-based footwear retailer schuh to allow its service, Pay in 3, to be available in-store at more than 110 outlets across the UK. The company further explained: “The integration of Klarna’s… Read More

Klarna Adds Abercrombie & Fitch to Payment Service

Payment processing platform Klarna announced on Thursday Abercrombie & Fitch customers in the U.S. will now have access to its Pay in 4 service when shopping online. The company noted that the service enables customers across the Abercrombie & Fitch Brands, which are Abercrombie &… Read More

Update: Troubadour Goods Completes Latest Seedrs Round With More Than £435,000 in Funding Secured

Troubadour Goods, a London-based menswear brand that specializes in designing and creating handcrafted leather goods, has completed its latest equity crowdfunding campaign on Seedrs. The round raised a total of £436,763 in funding. The company offered 9.56% in equity at a £3,891,727 pre-money valuation. As… Read More

Troubadour Goods Returns to Seedrs & Quickly Secures £411,000 Funding Target

Troubadour Goods, a London-based menswear brand that specializes in designing and creating handcrafted leather goods, has returned to Seedrs just a little over two years after securing £583,769 through its previously equity crowdfunding round. The company, which quickly raised its new initial £411,248 funding target,… Read More

Wirecard Announces Smart Mirror Prototype to Integrate Ordering & Payment Options

Germany-based fintech Wirecard announced on Tuesday its new prototype of a Smart Mirror, developed by Wirecard’s Innovation Lab. The company claimed that the mirror is Germany’s first intelligent mirror through which consumers may also pay for items. “The unique offering offers a completely new customer… Read More

Nanso Group Oy Now Seeking €700,000 on Invesdor For Nanso & Vogue Fashion Brand Growths

Nanso Group Oy, the Finland-based company that operates fashion brands Nanso and Vogue is now seeking €700,000 through equity crowdfunding platform Invesdor. Founded in 1921, the company claims that Nanso is one of the most well-known fashion brands in Finland. Meanwhile, Vogue is an internationally… Read More

Klarna Announces Expansion of Partnership with Acne Studios

Global payments provider Klarna announced on Wednesday it has expanded its partnership with Acne Studios to allow shoppers in the U.S. to choose to checkout with four equal payments, with no interest or fees. According to Klarna, Acne Studios offers women’s and men’s ready-to-wear, shoes,… Read More

Wirecard Enables Mobile Payments Through Alipay at Department Store Chain Stockmann

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has integrated Alipay as a payment method in the department stores in the Baltics operated by Stockmann. According to Wirecard, the Stockmann Group offers a wide range of fashion, beauty, home products, and food… Read More

Portuguese Custom-Made Shoe Brand Undandy Completes Crowdcube Round With Nearly £1.1 Million Secured

Undandy, a Portugal-based custom-made shoe company, has closed its equity crowdfunding round on Crowdcube. The campaign was launched last month and raised nearly £1.1 million from more than 275 investors. As previously reported, Undandy, which was founded in 2015, offers fully customizable, handcrafted shoes through its 3D online design… Read More

Overfunding: Portuguese Custom-Made Shoe Brand Undandy Surpasses £1 Million Funding Target on Crowdcube

Undandy, a Portugal-based custom-made shoe company, has successfully secured its initial 1 million funding target through equity crowdfunding platform, Crowdcube. The funding round was launched earlier this month and has attracted nearly 150 investors. As previously reported, Undandy, which was founded in 2015, offers fully customizable, handcrafted shoes… Read More

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