Start Today and Nippon Life Insurance have provided a total of $9m for second-hand fashion marketplace Material Wrld.
US-based fashion marketplace Material Wrld received $9m in series B funding from Nissay Capital, the investment arm of insurance provider Nippon Life Insurance, and e-commerce company Start Today on Wednesday, according to The Bridge.
Founded in 2011, Material Wrld provides a marketplace for high-end, pre-owned fashion items. The company also offers a debit card that lets consumers purchase clothes at more than 700 online and physical stores using trade-in credits from items they sell using its service.
Material Wrld plans…
