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Swappie Oy refurbishes and sells iPhones directly to consumers in Europe as a lower-cost, sustainable alternative to new devices.
Founded in 2016 in Helsinki, Finland, Swappie Oy refurbishes iPhones after testing and certification and sells them online. It targets cost-conscious buyers and those concerned about electronic waste, with sales in Finland, Sweden and Germany. The company completed a Series C on May 30, 2024, raising EUR 108.000 mn led by Verdane Capital Advisors, and in May 2024 raised EUR 17 million in venture debt from the European Investment Bank. Reported revenue for 2023 was EUR 224,403,868.
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