Swedish cashback site Refunder raises SEK 37M from eEquity and Bonnier Growth Media.
Following the transaction, Bonnier Growth Media has increased its investment in the company to 49%.
Refunder is a cashback website, whereas people buying through it get a percentage of their purchases back. At the same time, the company lives through affiliates, as e-merchants pay a fee to Refunder each time a transaction is carried out via the website.
Prior to this investment, Refunder raised another round from Bonnier Growth Media in 2014.