Peggy: Raises CAD10.8M in Funding

Peggy Raises CAD10.8M in Funding

  • Peggy, a Toronto, Canada-based marketplace to buy, and sell contemporary art, raised CAD10.8M in funding
  • The round was led by Real Ventures, ZVC, Garage Capital, Portage, Nomad Capital with participation from Bob Harding, David Marcus, and Tinie Tempah
  • The company intends to use the funds to accelerate growth and expand operations
  • The company is a secure marketplace to buy, and sell art
  • The company has partnered with contemporary art galleries from around the world to bring collectors the most sought-after art on the market
  • With its patent-pending digital fingerprint, artists, galleries and collectors can finally authenticate artwork
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...