Raylo raises $136M to build out its gadget lease-and-reuse ‘fintech’ platform

By News Curator

With the economy teetering on recession, and sales of mobile phones and other consumer electronics slowing right down globally, a U.K. startup called Raylo that’s leaning into both of those themes has picked up £110 million ($136 million) to grow its business, offering consumers access to new gadgets by way of short-term leases. The London-based […]

Raylo raises $136M to build out its gadget lease-and-reuse ‘fintech’ platform by Ingrid Lunden originally published on TechCrunch

Berlin’s Everphone raises $200M in debt and Series C equity

By News Curator
Berlin-based smartphone-as-a-service provider, Everphone, has topped up with $65 million in a Series C equity raise in addition to taking $135M in debt financing — for a total raise of $200M. The latest tranche of funding is led by German private equity investor, Cadence Growth Capital (CGC), which is now Everphone’s biggest shareholder. Deutsche Telekom, […]