FinTech news in consumer electronics category

Grover has been on a steady pace of growth in the last several years — CEO and founder Michael Cassau said that across its footprint of Germany, Austria, the Netherlands, Spain and most recently the U.S., Grover doubled subscriptions and business in the last year, and it currently has half a million items in its catalog available for subscription, 2 million registered users and 250,000 active customers.

The e-commerce boom that started with the Covid-19 pandemic shows little sign of slowing down, and today a company called Shopware, which provides a set of open source tools to power online shopping experiences for some 100,000 mid-sized and larger brands, is announcing $100 million in funding to capture the opportunity.