Refurbed is the fastest growing online marketplace for refurbished products in the german-speaking world. The startup, which is based in Vienna, sells renewed phones, laptops and tablets which are up to 40% cheaper and 100% more environmentally friendly than their brand-new, store-bought counterparts. Refurbed devices are renewed through a 40-step process, making them look like new and function like new. On top of that, each device comes with at least a 12 month guarantee.

Refurbed grew five times its size and onboarded three times more merchants in 2019. The company relied on Payor to seamlessly manage payments and offer an exceptional merchant experience without requiring a significant time investment from Refurbed’s engineering team. Launching in Germany with Payor also laid the foundation for Refurbed to expand into nine other countries, including Austria, Poland, Italy and Spain. Given the continuity of using a single payments provider, Refurbed can maintain the same internal system to adapt to local requirements and payment preferences – factors which have been critical to increasing conversion rates in these new markets.