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35 Electronics brands including Apple and PlayStation turn to subscriptions as Raylo secures €34.5 million

EU-Startups
David Cendon Garcia @ EU-Startups 1 place · today 04:06 EDT

Electronics brands including Apple and PlayStation turn to subscriptions as Raylo secures €34.5 million

Raylo, a London-based subscription infrastructure for leading electronics brands, today announces a new partnership with LG, alongside a €34.5 million (£30 million) fundraise, to accelerate its expansion across device categories and international markets. Combining €11.5 million (£10 million) in equity led by Citibank and an additional €23 million (£20 million) in debt from existing investor ...

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