Y Combinator-backed Rever aims to modernize refunds and returns

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 ...

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