Social Shopping Startup Little Black Bag Raises $8 Million

What's Next In Payments®
3:23 PM EDT August 16th, 2012

Little Black Bag, an eCommerce company with heavy social integration, has raised $8 million in equity backing, All Things D reports.

On the site, Little Black Bag customers are able to purchase exactly that — a “little black bag,” filled with surprise fashion products. Buyers can then go online to trade the products they don’t want with other users.

The company has raised nearly $11 million in backing to date, the report says.

Read the full story here.

Comments
Also by This Author
What's Hot
Acquiring
North American Bancard Launches Velocity Payments Platform
Alternative Financial Services
GE’s $3 Billion Synchrony Flotation Plan
B2B Payments
Tungsten Network Gains 46th Compliant EInvoicing Country
Mobile Commerce
LevelUp Launches Largest Smartwatch Payment Network
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Acquiring
North American Bancard Launches Velocity Payments Platform
Company Spotlight
The mPOS Retail Makeover
Acquiring
Taking The Pain Out of Merchant Onboarding
Alternative Financial Services
GE’s $3 Billion Synchrony Flotation Plan
View All Articles ››