Flip4new.de is an e-commerce platform that allows customers to exchange used electronic gadgets for new gadgets, vouchers, credit at other e-commerce shops, or cash. The site highlights a "multiple options" feature that gives customers choice in how they receive value for trade-ins. Customers are charged only the difference between the price of a new gadget and the trade-in value, and buying and selling are handled in a single transaction; users can also opt to just sell. Michael Sauer is named as founder and CEO. The company recently received an external investment of approximately €300k in exchange for a 12.5% stake. No revenue, user metrics, or other financial details are disclosed in the article.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

May 2010