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Swapper

A secondary market for daily deals done simple. We immediately buy coupons off their sellers for credit and sell them for cash.

  • Stage Full Product Ready
  • Industry Internet / Web Services
  • Location Israel
  • Currency USD
  • Founded September 2011
  • Employees 4
  • Website swappers.co.il

Company Summary

The Problem - 21.7% of US daily deal coupons are never redeemed. It is the industry's untold secret.
The challenge is to persuade buyers of unwanted coupons to make an effort to sell them.
The Solution - A secondary market in which coupons are directly bought off sellers for credit and sold to buyers for cash (or redeemed credit). By far the simplest solution for sellers, who pose the greatest entrance barrier to this highly profitable market.

Team

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    Yoav Yechiam
    Founder & CEO

    Yoav is a seasoned internet entrepreneur, who has held numerous executive positions at international internet companies such as Shopping Entertainment, Edusoft and CoolVision (where Yoav headed an Alexa top 300 mega-site, serving over 2.5 million daily visitors).

Advisors

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    Erdinast, Ben Nathan & Co., Advocates
    Lawyer
    Unconfirmed
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    PwC - PricewaterhouseCoopers
    Accountant
    Unconfirmed

Previous Investors

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    Private Investor
    Unconfirmed