“There’s no limit on the amount of devices that somebody can request. We have hundreds of merchants around Europe. We look at the requests from the business, and then we will offer that to our eligible merchants or suppliers around Europe,” he explained. “We’ll put it out to them, give them maybe a timeline of 24 hours and whichever one of them comes back with the best deal is what we’ll bring to the client. It also makes sure that it’s extremely competitive.
Mr Power said the company was also looking into offering a similar buyback service for customers, although there were no firm plans to introduce it yet. Refurbed had an “exceptional” start to 2023, Mr Power said. “January was just phenomenal - it was three times the previous January. So we are very, very happy with how it’s going,” he said. “We’re seeing a lot more people are coming back again and again as well. Phones are still by far the most popular product; it is like phones are the gateway.”
The company has increased its product offering in recent months, and now offers a range of home appliances and refurbished games consoles to consumers. Founded in 2017 by Peter Windischhofer, Kilian Kaminski and Jürgen Riedl, Refurbed launched in Ireland in March 2021, following a $17 million Series A raise in 2020, and aimed to tap into a growing interest in Ireland in more environmentally conscious, affordable technology.
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