There’s the saying that goes “money makes the world go around.”

As this is undoubtedly true, the developments in technology over the past decade have helped to expedite money transfers at all levels. From the mobile arena to eCommerce and fashion, there are a myriad companies announcing funding news.

Here are the numbers:

$1 billion | Amount Amazon has lent its marketplace sellers in 2016

$2.25 billion | Fashion company Klarna’s worth following its latest investment

$35 million | Estimated amount China-based Alibaba paid for a majority stake in India-based TicketNow

$8 million | Amount of startup company Stem’s latest funding round  to help streamline musician payment

€25 million | Money messaging app Plynk’s latest funding round

 

 


Source: http://www.pymnts.com – Payments
Today in Data: Funding News Roundup