Rocket Internet’s GFG closes $365M down round as external investors shy away

 Global Fashion Group (GFG), the umbrella group that manages Rocket Internet-backed online fashion businesses worldwide, has added €30 million ($33 million) to a €300 million round that it announced back … Continue Reading →

Stripe brings its Connect marketplace platform to Europe, Stripe clone Paymill finds a buyer

 As the number of apps and sites for buying and selling goods and services continues to grow, we’re seeing a shakeout among the companies that help make those wheels of commerce turn, with the … Continue Reading →