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Returnly takes $3.25m to turn returns into repurchases

Californian FinTech solution for e-commerce Returnly has raised $3.25m in a seed round of funding.

Metromile parks $103.5m for pay-by-the-mile car insurance

Pay-per-mile car insurance firm Metromile has landed $103.5m in a Series D round of funding. The capital comes from Canadian insurer Intact Financial and China Pacific Insurance (CPIC).

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