Brillen.de raises from Facebook investor
Brillen.de started in 2012 and now raised €45 million from TCV (Technology Crossover Ventures), who are known from its investments in Facebook, Expedia, Spotify, Groupon, and GoDaddy. Different from e. g. Mister Spex, Brillen.de uses a multi-channel strategy: 700 stores in Germany, Austria, England, and Spain consult customers and sell the products. More details of the deal remain undisclosed.
Number26 published “Fair Use” policy
After deleting several 100 accounts, partly because customers used the ATM option to often, online account Number26 now publishes guidelines, or: their new business model. That includes that customers under 26 years are allowed to use the ATM to pull out cash five times per month, over 26 just three times. However, getting cash at partner supermarket with Cash26 will remain free.