Circular Economy news and trends

Circular Economy FinTech Twig Buys Teen Banking Firm Vybe 
Digital Banking // December 22, 2022

Aiming to become “the go-to platform for Gen Z,” circular economy FinTech Twig has acquired Vybe.  The London-based FinTech company rooted in circular economy principles said in a Thursday (Dec. 22) press release that its acquisition of the provider of teen banking services continues its...

Millions Committed to Green Tech, Circular Economy Initiatives as COP27 Ends
International // November 17, 2022

As world leaders prepare to wrap up negotiations at the COP27 climate summit in Egypt on Friday (Nov. 18), climate tech investment deals signed by participants mark some of the major successes of the nearly two-week event. For example, the European Investment Fund (EIF), a...

Upscale Resale Platform The Luxury Closet Lands in the UK
Shopping // July 13, 2022

Dubai-based upscale resale platform The Luxury Closet has launched in the U.K. As of Tuesday (July 12), the reseller’s mobile app and website, which are used by 15 million people globally, have been available to U.K. users according to a report.  It is the platform’s...

Sustainability Key to Wooing Millennials, Gen Z Customers
Merchant Innovation // June 03, 2022

Younger shoppers are emerging as the sustainability generation and inspiring circular economy solutions as they increasingly influence how businesses design their strategies and allocate capital. According to data provided by U.K.-based FinTech firm Twig, almost 60% of millennial and Gen Z consumers already consider the...

Quick Reads
UK’s Sign of the Times to Expand Luxury Resale Platform

October 12, 2023
London-based luxury resale platform Sign of the Times, has recently received new investment from industry leaders, including BrandAlley and Sweaty Betty founder Tamara Hill-Norton. This investment round will enable Sign of the Times to expand its operations in the second-hand market. The partnership with BrandAlley will involve a white label “take back service,” aligning with BrandAlley’s commitment to […]

Circular Economy FinTech Twig Buys Teen Banking Firm Vybe 

December 22, 2022
Aiming to become “the go-to platform for Gen Z,” circular economy FinTech Twig has acquired Vybe.  The London-based FinTech company rooted in circular economy principles said in a Thursday (Dec....

Upscale Resale Platform The Luxury Closet Lands in the UK

July 13, 2022
Dubai-based upscale resale platform The Luxury Closet has launched in the U.K. As of Tuesday (July 12), the reseller’s mobile app and website, which are used by 15 million people...