Grover news and trends

EMEA Daily: Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments
emea // September 28, 2022

Today in Europe, the Middle East and Africa (EMEA), central banks in Sweden, Norway and Israel have teamed up to test central bank digital currency (CBDC) interoperability, and Satispay becomes the latest Italian unicorn. Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments The...

Grover Agrees to $260M Debt Financing Facility With M&G
Investments // September 28, 2022

Berlin-based Grover, which operates a consumer technology subscription platform, has agreed to a new 270-million-euro (about $260 million) debt financing facility with international asset manager M&G. Grover runs a subscription model that allows people to rent consumer electronics, including computers, smartphones, games consoles and eScooters....

5 Things to Start Your Day: Retail Therapy; All-in-One Payments; Pocket MRIs; Rent-a-Tech; Programmable Money
Commerce // April 11, 2022

Happy Monday (April 11), and welcome the beginning of another week. Although war and inflation still top the news, when the going gets tough, the tough still go shopping. Here are five things to start your day. Retail Therapy Despite fears that the combination of...

Grover CFO Says Rent-A-Tech Accelerates Shift to Circular, Sustainable Economy
Technology // April 11, 2022

120 million tons per year. That’s the quantity of global electronic and electrical waste (eWaste) that will be produced per year by 2050 if current trends continue, according to a United Nations report. As if that figure is not alarming enough, the UN data further...

Interviews & Exclusives
Technology Rental Plans Emerge As Affordable Business Option

October 20, 2022
The growth of remote work in recent years has accelerated the tendency for more flexible company structures that embrace digital technology and decentralized organization. Alongside this trend, businesses are adapting their approach to procurement and ownership, with demand for rental and subscription models matching the new focus on flexibility and agility. Sam Selldorff, vice president […]

Grover CFO Says Rent-A-Tech Accelerates Shift to Circular, Sustainable Economy

April 11, 2022
120 million tons per year. That’s the quantity of global electronic and electrical waste (eWaste) that will be produced per year by 2050 if current trends continue, according to a...

Can Grover Do For Gadgets What Netflix Did For Films?

August 10, 2018
As the digital economy expands, notions of ownership and loyalty change. The so-called sharing and gig economies enable consumers and workers to use products and take jobs without full commitment....

Quick Reads
EMEA Daily: Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments

September 28, 2022
Today in Europe, the Middle East and Africa (EMEA), central banks in Sweden, Norway and Israel have teamed up to test central bank digital currency (CBDC) interoperability, and Satispay becomes the latest Italian unicorn. Sweden, Norway and Israel Central Banks Test Cross-Border CBDC Payments The central banks of Sweden and Israel announced today that they […]

Grover Agrees to $260M Debt Financing Facility With M&G

September 28, 2022
Berlin-based Grover, which operates a consumer technology subscription platform, has agreed to a new 270-million-euro (about $260 million) debt financing facility with international asset manager M&G. Grover runs a subscription...

5 Things to Start Your Day: Retail Therapy; All-in-One Payments; Pocket MRIs; Rent-a-Tech; Programmable Money

April 11, 2022
Happy Monday (April 11), and welcome the beginning of another week. Although war and inflation still top the news, when the going gets tough, the tough still go shopping. Here...

Subscription-Based Consumer-Tech Company Grover Valued at $1 Billion

April 07, 2022
Grover, which allows people to subscribe to consumer-tech products rather than buy them, raised $330 million in equity and debt funding, which brought the company’s valuation to over a billion...