FinTech news in Fashion category

The round brings Fashinza’s total raised to $135 million, which Gupta says is being used to refine the company’s supply chain technology and expand into new markets, including raw materials procurement. In an endorsement of Fashinza’s approach to supply chain management, the company today announced that it raised $100 million in Series B funding ($60 million in equity and $40 million in debt).

Its target investors are similar to those participating in crypto, Auslander said — retail investors, collectible lovers, and people who are fans of events like the Met Gala or the Oscars who not only read editorial coverage of those events but also want to participate in the ownership of related assets.