Social e-commerce firm The Hunt has raised a second round of undisclosed seed funding from actor Ashton Kutcher’s A-Grade Investments, along with angels including Windy Hill Capital founder Michael Banks (according to StrategyEye).
The San Francisco-based firm is a discovery and referral site that lets users identify images of item such as clothes or shoes they see on social media and directs them to the e-commerce site where they can buy the goods. The Hunt claims to convert around 2% of visitors to buyers and says it has registered more than 100,000 hunts and matched more than 200,000 products.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.