Saturday, July 12, 2025
25.1 C
London
HomeFinTechLyst: Raises £60M in Funding

Lyst: Raises £60M in Funding

Date:

UK Chancellor Reverses ISAs Reductions After Public Backlash

A bold move by the Chancellor to protect savers...

Binance Launches Sharia Earn: An Islamic Banking-Aligned Token

Discover how Binance's new offering caters to Islamic financial...

Ageras Expands Portfolio with 8th Acquisition: Payroll Provider Employes

Strategic Move to Enhance Services in the Accounting and...
  • Lyst, a London, UK-based fashion shopping platform, raised $85m in funding
  • Backers included Fidelity International, Novator Capital, Giano Capital and C4 Ventures, and earlier investors Draper Esprit, 14W, Accel, Balderton Capital, Venrex and LVMH
  • The company, which is reportedly pursuing a public listing next year, intends to use the funds to continue to expand operations and its business reach
  • Lyst provides a fashion shopping platform that lets users to buy clothes and accessories from thousands of online stores
  • The company works as an inventory-free platform and leverages a proprietary data engine to give customers a really personalized shopping experience
  • The company also appointed Mateo Rando as CPO, joining from Spotify, and promoted Emma McFerran to COO, who was previously Chief People Officer & General Counsel

Related stories

spot_img

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories