Croissant Raises $28 Million in New Funding



Croissant, an app that shows shoppers the guaranteed resale value it will pay for new items bought from its brand partners once they’re ready to be resold, on Wednesday announced it raised $28 million in fresh funds. The total is split between $14 million in funded proceeds and $14 million in incremental debt capacity, and brings Croissant’s total raised to $52 million. The round was led by fintech platform Portage, which previously provided seed funding in 2023.

Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice.
Or get in touch at support@businessoffashion.com
if you experience difficulties.



Source link