SPOT-A-SHOP jumps into new shoes
Finnish online fashion sales platform SPOT-A-SHOP has entered Sweden and Poland with a fresh million-euro funding.
The funding comes from private investors and Finnish Funding Agency for Innovation Tekes. The money will be spent on business development and further market openings, the most recent being Sweden and Poland in July. On top of the two new countries, SPOT-A-SHOP operates in Finland, France and Germany.
The company’s product development has helped boost growth, and the funding will bring about new technology. In the future, the site will be able to serve customers more efficiently and customise its offering better.
“It’s been inspiring to see how we’ve succeeded in helping online stores of various sizes,” co-founder Jesse Jyläs notes in the press release. “The funding will enable us to continue our growth.”
Good News from Finland spoke to Jyläs and co-founder Matias Hilario last year. Read the feature here.