From Online payment to eCommerce
Armarium lets you borrow luxury fashion from your smartphone
A number of startups want to make wearing the latest – and in some cases, luxury – fashion more affordable, including Rent the Runway, Le Tote, Gwynniebee, The Ms. Collection, and others. These companies offer to rent out clothing, instead of selling garments new. Today, welcome the latest to join this crowd: a new on-demand app called Armarium is launching to serve those with… Read More
Robinhood lets China trade US stocks free through Baidu’s finance app
Zero-fee stock trading startup Robinhood is barging into China, even though it lacks explicit regulatory approval. Robinhood will enter this legal grey area through an integration into Chinese search giant Baidu’s Stockmaster finance app. It will allow Chinese citizens to buy and sell US stocks with no fee and no account minimum from their phones when few affordable mobile stock… Read More
Romulus Capital closes $75 million fund to back early-stage tech startups
Romulus Capital has raised its third—and largest—fund to back early-stage startups, many sourced in labs at MIT, the alma mater of the firm’s founding General Partner, Krishna K. Gupta. The firm closed its newest fund, Romulus Capital III LP, at $75 million, and intends to lead seed or series A deals in 15 to 20 companies from it. Krishna K. Gupta launched Romulus Capital… Read More
Lost My Name, the kids “full-stack” personalised book publisher, picks up €4M from Project A Ventures
Lost My Name, the London-based “full-stack” publisher and kids content startup, has added a new investor to its impressive list of backers that already includes Google Ventures, Greycroft and Forward Parters. This time Berlin-based Project A Ventures has invested €4 million in the company in what is being described as an extension to Lost My Name’s original $9 million Series… Read More