San Francisco based ecommerce payment creditor has raised $19m Series B funding led by Craft Ventures with participation form Max Levchin.
The company, which works with thousands of retailers like Rothy’s, Untuckit and Fanatics, was launched in 2016. The first return it processed came from a customer who spent $75 on foundation, sight unseen, and wound up with the wrong shade for her skin tone. She was issued instant store credit, which she then used to buy the foundation in a different shade, in addition to throwing in a lipstick.