Refundit

VAT Refund App for Tourists

Fintech & Insurtech
Non Active, May 2024 ceased to operate
Series A Tel Aviv-Yafo Founded 2017
LinkedIn
Total raised
$12.5M
Last: Series A 2019-11
Stage
Series A
Founded
2017
Headcount
8
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech

About

Refundit aims to make the process of tax-free shopping easier and more efficient for tourists. Using Refundit's simple application, users can submit their VAT refund requests easily and quickly before arriving at the airport and without stopping at customs. For larger refunds, Refundit advocates a policy of transparency and collects a low service charge, leaving more money for the user. Refundit receives VAT refunds from stores of any type, size, and location.

Funding history · 2 rounds · $12.5M total

2019-11
Series A $10.0M
2018-01
Seed $2.5M

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechFinancial Operations SoftwarePersonal Finance ManagementBusiness SoftwareOperations Solutions
Technologies
Platforms & InterfacesMobile
Target customers
Travel & TourismTravelConsumers
Business model
B2GB2CB2B2C

Tags

personal-financemobile-applicationsfintechtax-refund