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Rinse Clothing Service Raises $14M To Expand To Boston, Chicago And Beyond

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Rinse has a solution for both, and thanks to a $14 million Series B funding round led by Partech, it’s taking that solution to two new cities: Boston and Chicago. The $14 million of funding Rinse recently secured will not be going into the company’s tech as much as into building out its team as it looks to launch in new markets.

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Mastercard’s Kirkpatrick: Transit Is The Ticket To Everyday Spend

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In fact, she noted, their behavior at the turnstile will much more closely resemble their familiar everyday payments experiences – they will just take out their Mastercard-branded plastic card and, quite literally, tap and go at the turnstile. No more stutter step of buying and reloading a closed-loop transit pass to hop on the train.