16 February 2022

Clearpay unveils NFT as sponsor of London Fashion Week

Written By FinTech Alliance in Payments

Clearpay unveils NFT as sponsor of London Fashion Week

 Clearpay has partnered with ready-to-wear label Roksanda to release an NFT.

In Brief: 

The buy now, pay later business is the Principal Sponsor of London Fashion Week. 

The two firms have created a “demi couture finale look” from Roksanda’s show as an NFT, alongside the Institute of Digital Fashion. 

This will be the first time consumers can buy haute fashion as an NFT via web 3.0. 

What does this mean? 

The idea originated from Clearpay, and the NFT will be sold on Roksanda’s website exclusively through Clearpay. After viewing the physical look on the runway, customers will be able to buy three NFT versions of it at varying prices. 

Nick Molnar, CEO of Clearpay, said: 

“A big part of our commitment to London Fashion Week is ensuring that fashion is accessible to consumers, and by partnering with Roksanda and the Institute of Digital Fashion this season, we’re able to do that in quite an exciting way. 

“Collectively we’ve transformed their FW22 demi couture look into an NFT, giving consumers unparalleled access to high end fashion that simply wasn’t available to them before. We’re proud to be able to help democratise fashion, and enable consumers to buy, interact, and engage with Roksanda’s artistry in such an innovative way. It’s exciting to see this all come to life at such an important moment in the British fashion calendar.”

Up Next ...
22 November 2024

Eden AI raises €3M seed round to bridge the gap between AI models and business needs

Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...

22 November 2024

City Bank Adopts TranzAxis for E-Commerce Payment Solutions

This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.

22 November 2024

Zellis summit maps bold future of innovation

Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features

21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

More in Payments

Paymentology partners with Sopra Banking Software

25 April 2024

Aimed at delivering comprehensive card issuing services. In brief:- The strategic ...

Banking Circle Business AML team best-in-class

11 April 2024

Banking Circle Business AML team recognised for best-in-class strategy. In brief:- ...

Klarna launches data hub

05 April 2024

Including facts on how Brits use its credit products.In brief:- ...

Visa and Mastercard lower fees

27 March 2024

Visa and Mastercard reach $30bn interchange fee settlement with merchants.In ...

White Papers Payments

Deloitte and Mambu guide to Buy Now, Pay Later

02 October 2023

Buy Now, Pay Later (BNPL) is finance for the digital age. This report focuses on the online BNPL mar...

White Papers Payments

Building a business card program in today’s digital fist landscape

12 June 2023

For many financial institutions (FIs), the rapid transformation to a digital-first mentality greatly...

White Papers Payments

The Case for Payments as a Service

28 March 2023

The demands on financial services technology have increased significantly and the pace of change con...

White Papers Payments

How the rise of PayTech is reshaping the payments landscape

28 March 2023

PayTechs’ relentless disruption means that only banks and payment service providers that offer “valu...

There are no Events in this category