March 29, 2024

Web and Technology News

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

With the economy teetering on recession, and sales of mobile phones and other consumer electronics slowing 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 company […]

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