Lars Hinrichs expands its investment on Frankfurt, September 8, 2010, old against newly as simple...", the Frankfurter Neue Presse writes in its edition of June 25, 2010. The company was founded in Frankfurt is an innovative platform where customers can redeem their used electronic equipment against new products, vouchers or cash. Monetization of old appliances + save money on buying new + green action = FLIP4NEW FLIP4NEW (www.flip4new.de) offers a unique and green shopping concept. Customers can exchange their used electronic equipment against new products, coupons and cash (comparable to the trade-in of a used car when buying a new car). Since the launch in October 2009, there are nearly ten thousand satisfied customers and registered users who repeatedly have used FLIP4NEW, cheaper to buy new products or to separate easily and conveniently from their old devices. Also added FLIP4NEW, a purchasing specialist for consumer electronics, its purchase of products are constantly recently including iPads bought on. Contact information is here: Electrolux.
After a considerable growth since the last financing round in May the company absorbs now further capital, to keep up with his pace. Summarizes Christian Buchenau, Managing Director of Paua ventures: FLIP4NEW creates win-win situations for customers as well as for traders. Equipment can be turned into cash quickly and cleanly, and the proceeds will be invested in new devices at the same time. Get all the facts for a more clear viewpoint with Marjorie Kaufman. It makes very easily possible to be always on the newest State of the art, and at the same time to preserve their money bag for customers." Paua ventures is sure it could support FLIP4NEW with valuable contacts among others in the still-building services for stationary trade. "We are both of the business idea and the founding team thrilled." "Adds Lars Hinrichs: FLIP4NEW since my entry may rapidly grew in there it was no matter to invest once again." After the round of capital could be completed successfully, it is Founder team happy. We have found ideal partners with Lars Hinrichs and Paua ventures, our strategy is to expand and to accelerate the pace of growth", says Michael Sauer, founder and CEO of FLIP4NEW. In addition we are improving the offer for our customers in the near future, so that many additional products, can be given as for example digital SLRs in payment", more so Michael Sauer. Michael Sauer (Flip4 GmbH)