# Refundy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/refundy

- Industry: Financial Services
- Headquarters: Seongnam, South Korea
- Website: www.refundy.co/
- Latest round: Seed (Jul 28, 2025)
- Investors on record: 3

## About

Founded in 2024 and headquartered in Seongnam, South Korea, Refundy Inc. operates within the e-commerce sector, focusing on cashback and refund solutions. In July 2025, Refundy Inc. raised seed funding from Antler, New Paradigm Investment, and The Invention Lab. The firm as of 2026 is led by CEO Shin-wook Park.Refundy offers a unique cashback and refund service aimed primarily at purchase agency sellers, particularly those operating in online marketplaces such as Taobao and AliExpress. This service allows users to receive cashback on purchases and refunds when prices drop after transactions, effectively maximizing the financial benefits of e-commerce. By automating the refund process through a user-friendly interface, Refundy eliminates the need for manual tracking of price changes, making it easier for over 2,000 monthly users to optimize their purchasing strategies. The service is designed for individuals and businesses engaged in cross-border e-commerce, particularly in markets like South Korea and China, where price fluctuations are common. With a focus on enhancing customer satisfaction, Refundy aims to empower sellers to recover hidden costs associated with price drops, thereby improving their bottom line.Refundy operates on a transactional revenue model driven by the volume of purchases made through its platform. Customers utilize the service by integrating it into their purchasing processes on platforms like Taobao, where they can automatically receive refunds on price differences and cashback on their purchases. The company maintains a commitment to high customer retention, achieving a 100% reuse rate due to the effectiveness of its offerings. While specific pricing plans for the service are not disclosed, it operates on a commission or fee structure typically associated with cashback services. Clients, primarily purchase agency sellers, benefit from the immediate financial returns facilitated by Refundy's automatic refund system, which aims to reduce operational costs and enhance profitability within competitive online marketplaces.Refundy Inc. plans to use the July 2025 funding to support global expansion, strengthen technology to develop an AI seller ecosystem, and hire additional talent. The company is also focused on developing new products that complement its existing offerings, though specific release dates have not been disclosed.

## Funding rounds

- Seed, Jul 28, 2025 — Antler, New Paradigm Investment, The Invention Lab

## Investors

- Antler (https://capitalatlas.ai/funds/antler) — Seed
- New Paradigm Investment (https://capitalatlas.ai/funds/new-paradigm-investment) — Seed
- The Invention Lab (https://capitalatlas.ai/funds/the-invention-lab) — Seed