article thumbnail

How TikTok ‘eGirls’ Helped Create A Multi-Million-Dollar Fashion Brand

PYMNTS

If one were to make a list of products for a cutting-edge fashion brand aimed at capturing the emerging Generation Z market, it is safe to assume that “foxtail keychains” would not make the top 10. And while the brand is often described as “punk,” “goth” and “extremely eclectic,” Lynn noted in an interview that she doesn’t see it this way.

Branding 131
article thumbnail

Farfetch Raises $250M To Grow Luxury Fashion Platform

PYMNTS

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

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Postmates Tie-Up Brings Delivery To Applebee’s, IHOP

PYMNTS

Postmates announced that is has partnered with Dine Brands, the parent company of Applebee’s and IHOP, so that its customers can now order from both restaurants in the more than 3,500 cities that Postmates operates in. And in August, the company announced that it was testing robot delivery in San Francisco.

article thumbnail

Silicon Valley FinTech Brex Scores $200M Credit Line

PYMNTS

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. This new financing will help Brex grow its eCommerce business, which launched in February.

Fintech 131
article thumbnail

Can Banks Solve their Small-Dollar Loan Problem with Fintech Partnerships?

Bank Innovation

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.

article thumbnail

DoorDash Dives Into Grocery Delivery Business

PYMNTS

San Francisco, Los Angeles, Orange County, Sacramento, San Diego and California Central Coast customers can order from Smart & Final. Earlier this month, the company said it was launching digital convenience stores, branding the service DashMart. The service is launching on the West Coast and in the Midwest.

article thumbnail

CoverHound Raises $58M For Expansion Of Insurance Platform

PYMNTS

In a press release , the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led by global insurer Hiscox and included participation from Chubb, Aflac Ventures, MS&AD of Japan. CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb.