BuyBay Receives Investment from Fortino Capital

Team Fortino Capital and BuyBay
From left to right: Matthias Vandepitte (Partner of Fortino Capital), Karel Gonzalez Hulshof (CFO of BuyBay), Teun Kraaij (CSO of BuyBay), Duco Sickinghe (Managing Partner of Fortino Capital), Thijs Bosgoed (CEO and founder of BuyBay), Erik Bosgoed (COO of BuyBay) and Renaat Berckmoes (Partner of Fortino Capital)
BuyBay, an Amsterdam, The Netherlands-based provider of total solutions for returned products in e-commerce and retail, received an investment of millions of euros from Fortino Capital.

The company intends to use the funds for international business growth entering new countries quickly.

Founded in early 2014 and led by Thijs Bosgoed, CEO, BuyBay offers a total solution for returned products in e-commerce, targeted at retailers, distributors and brands. BuyBay evaluates the visual and technical condition of the product and, if appropriate, performs repairs. The return products are then automatically offered to consumers again as second hand, thanks to the in-house developed software.
BuyBay currently has approximately 50 employees while customers include top Dutch retailers and e-tailers.



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