One of the world’s fastest-growing marketplaces, which has created a fair and transparent global platform for both buyers and sellers, has received £3 million in VC funding after finalising a private investment round earlier this month.

UK-founded marketplace OnBuy.com has announced it has secured a £3 million investment from London-based VC fund Fuel Ventures after receiving numerous investment offers. The funding will facilitate the launch into more than 20 countries by the end of 2020, including the USA, Canada, Australia and the UAE.