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Menswear Marketplace Grailed Notches $60M in GOAT Group-Led Round
Menswear Marketplace Grailed Notches $60M in GOAT Group-Led Round
September 17, 2021  |  Investments

New York-based curated menswear resale platform Grailed has just raised $60 million in new funding with a Series B round led by GOAT Group, an...

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PayPal Finalizes UK Crypto Trading With Litecoin, Ethereum Addition
PayPal Finalizes UK Crypto Trading With Litecoin, Ethereum Addition
September 17, 2021  |  Cryptocurrency

PayPal in the U.K. has completed its launch of cryptocurrency trading on the platform to include Litecoin and Ethereum, adding to bitcoin and BitcoinCash, which...

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Stord Hits $1.1B Valuation After Series D Funding
Stord Hits $1.1B Valuation After Series D Funding
September 17, 2021  |  Investments

Stord is now valued at $1.1 billion after the successful raise of $90 million in Series D funding. This new round of seed financing is...

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Vuzix, Verizon, Partner on BlueJeans Smart Glasses
Vuzix, Verizon, Partner on BlueJeans Smart Glasses
September 17, 2021  |  Wearables

Smart glasses firm Vuzix Corporation is working with Verizon’s video conferencing arm BlueJeans to expand the power of BlueJeans running on Vuzix’s glasses by tapping...

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Dozens of South Korean Crypto Exchanges Could Shut Down Next Week
Dozens of South Korean Crypto Exchanges Could Shut Down Next Week
September 17, 2021  |  Cryptocurrency

South Korean cryptocurrency exchanges must register with the country’s Financial Intelligence Unit by next Friday (Sept. 24), meaning that dozens of exchanges must notify their...

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Lazada Names Ex-Ant Group Exec to Lead Payments
Lazada Names Ex-Ant Group Exec to Lead Payments
September 17, 2021  |  Personnel

Alibaba’s Lazada Group has named a former Alipay executive for a newly created position to oversee payments in Southeast Asia. The company announced on Friday...

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UK-Based Brightpearl Snaps Up Inventory Planner
UK-Based Brightpearl Snaps Up Inventory Planner
September 17, 2021  |  Partnerships / Acquisitions

Omnichannel retail management platform Brightpearl has closed a deal to acquire inventory projection solution Inventory Planner for undisclosed terms, according to a press release on...

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Facebook Unveils New Online Shopping Tools 
Facebook Unveils New Online Shopping Tools 
September 17, 2021  |  Facebook

Facebook is introducing new tools for businesses to connect with potential customers on its app in a bid to become a destination for online shoppers. ...

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Lemonway, Tink Pair up on Open Banking Payments Across Europe
Lemonway, Tink Pair up on Open Banking Payments Across Europe
September 17, 2021  |  Digital Payments

Software company Lemonway and European open banking platform Tink are teaming up on Pay By Bank, an open banking-fueled initiative. The pairing brings Tink’s payment...

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