Màrius Montmany and Oriol Hernandez i Fajula, former employees at large logistics companies, several years ago found themselves frustrated with the problem of “reverse logistics” — how to get product returns through the mail system in an efficient and cost-effective way.
Dissatisfied with the existing solutions out there, the pair founded Rever — now backed by Y Combinator — in 2022. Rever offers instant cash refunds through a buy now, pay later-type (BNPL) model (Rever finances the transactions), automating the processes of label generation and refunds while providing analytics on customer behavior and purchasing trends.
“Rever stands out as [an] all-in-one platform that combines fintech, logistics, software, and customer service specifically designed for e-commerce returns,” Montmany told TechCrunch in an email interview. “Rever’s technology provides concrete business benefits, making it a valuable investment for enterprises seeking ...