Refund tech firm Reshop brings in Afterpay Co-Founder Anthony Eisen as CEO and bags $17m in funding

Reshop, a startup that focuses on the refund process for both consumers and retailers, has announced Anthony Eisen as its CEO, as well as a $17 million fundraise. 

Eisen most recently served as Co-Founder and Co-CEO at FinTech firm Afterpay, which he launched alongside Nick Molnar in 2014 and listed on the ASX in May 2016.

The $17 million fundraise, meanwhile, features investments from Matrix Partners, Sound Ventures (a venture capital firm co-founded by Ashton Kutcher and Guy Oseary), Woodson Capital, and Touch Ventures. As Reshop continues to expand its network of partner retailers (which currently includes Alo Yoga, Steve Madden, Dolce Vita, and Cara Cara), the cash will be used to accelerate go-to-market and scale. 

"With Afterpay, our mission has always been to power an economy in which everyone wins, and that holds true with Reshop as well," says Eisen.

"The refunds space is ripe for disruption and in need of a solution that benefits both retailers and consumers, which is what we're providing with Reshop. I'm proud of the progress the team has already made since launching earlier this year and am excited to help shape the next chapter in their journey."

2024 RTIH INNOVATION AWARDS

Reshop was among the finalists at the sixth edition of the RTIH Innovation Awards.

The awards celebrate global tech innovation in a fast moving omnichannel world.

Our 2024 hall of fame entrants were revealed during an event which took place at RIBA’s 66 Portland Place HQ in Central London on 21st November, and consisted of a drinks reception, three course meal, and awards ceremony presided over by comedian Lucy Porter.

In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “The event is now into its sixth year and what a journey it has been. The awards started life as an online only affair during the Covid outbreak, before launching as a small scale in real life event and growing year on year to the point where we’re now selling out this fine, historic venue.”

He added: “Congratulations to all of our finalists. Many submissions did not make it through to the final stage, and getting to this point is no mean feat. Checkout-free stores, automated supply chains, immersive experiences, on-demand delivery, next generation loyalty offerings, inclusive retail, green technology. We’ve got all the cool stuff covered this evening.”

“But just importantly we’ve got lots of great examples of companies taking innovative tech and making it usable in everyday operations - resulting in more efficiency and profitability in all areas.”

Congratulations to our 2024 winners, and a big thank you to our sponsors, judging panel, the legend that is Lucy Porter, and all those who attended November's gathering.