Fairown

Fairown is a sustainable financial services startup, founded in 2018 and headquartered in Estonia. The company focuses on simplifying product resale through its AI-powered platform. Fairown Buyback offers a seamless solution for customers looking to sell their used products, providing a combined system of credit and buyback. This approach not only benefits consumers by eliminating the hassle of product disposal but also helps in reducing environmental impact by extending the product lifecycle. The company has garnered attention from investors, with its recent €5.70MSeed Round investment on 10 September 2024 attracting notable backers such as BonVenture, neosfer, STIHL Ventures, and Gateway Ventures. Operating in nine European markets, Fairown has already amassed a consumer base of approximately 100,000, earning recognition from leading financial experts at Asset Finance Connect. Fairown's key partnerships with prominent brands undergoing the transition to a circular economy, including STIHL, Komplett, and Apple Premium Resellers, demonstrate its potential to thrive in the sustainable business landscape. The company's commitment to enhancing the recommerce sector highlights its alignment with contemporary environmental and economic trends. For investors seeking opportunities in the sustainable fintech space, Fairown represents a compelling prospect with a growing footprint and a unique approach to reshaping the product resale industry.