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Farfetch Raises $250M To Grow Luxury Fashion Platform

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Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco. Farfetch will use the capital to continue growing and expanding into new markets, particularly China. Each company will purchase $125 million of the notes. “I

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Silicon Valley FinTech Brex Scores $200M Credit Line

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San Francisco FinTech Brex announced a $200 million debt capital raise from Credit Suisse that will be used to expand its eCommerce business and credit offerings to new companies, Brex announced in a press release on Thursday (Dec. The product automates expense management and integrates with accounting systems.

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Neiman Marcus Emerges From Chapter 11

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“We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. At the conclusion of this process, I remain profoundly impressed by the strength of Neiman Marcus and Bergdorf Goodman, the commitment of our associates, the unwavering support of our brand partners and the loyalty of our customers.”.

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Recurly Notches $19.5M In Funding To Bolster Subscription Business

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To bolster its subscription business, San-Francisco-based Recurly has notched $19.5 million in funding led by F-Prime Capital along with participation from Polaris Partners, Silicon Valley Bank and Greycroft. The new funding brings its total raise to almost $40 million after raises in the past totaling $19.6

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SoFi Attracts Big Name In Latest Funding Round

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The company said it will use the capital to invest in growth and add some muscle to its $2.3 It has around $12 billion in assets under management. Previous SoFi investors include SoftBank Capital and Peter Thiel. The private capital space has attracted a lot of interest lately: Investments in the area grew to $4.4

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Chinese Startup Secures Lion’s Share Of $272 Million Raised

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Investment in B2B FinTech startups came through a variety of channels this week, from venture capital to growth equity. In total, backers placed $273 million across companies operating in alternative finance, treasury management, software-as-a-service (SaaS) and B2B sales tech. Supply Chain Management. trillion market.

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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

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Beyond New York, the retailer is planning to extend that experiential approach to partner locations, “offering the world that one-of-a-kind toy retail experience the brand is known for,” according to an announcement from the company, which is owned by ThreeSixty Brands. percent stake in Starbucks.

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