Swappie raised EUR 890k in capital investment from Reaktor and Lifeline, wants to expand its used iphone marketplace across the Nordics.
Swappie, a Helsinki, Finland-based company operating a marketplace for refurbished smartphones, secured EUR 890k ($1M) in capital investemnet.
Swappie, founded in 2017 by Jiri Heinonen and Sami Marttinen, developed a marketplace for selling and purchasing a used phone. On top of that, the company also renovates the phones and grants a service to the telephone service. In the first operating year, Swappie serviced about 2000 phones and transacted about EUR 1M on its marketplace.