One of Postmates’ founders is back with an ecommerce payment startup called Tiptop. The service lets you pay for online purchases by trading in something of value you no longer want.
Bastian Lehmann’s latest startup is called Tiptop and first launched in 2023 as an app. It connected to users’ Gmail accounts and scoured their inboxes for receipts of the things they purchased online so it could estimate trade-in prices for reselling those things later. It also then offered access to a select marketplace of products in which it used that price data to offer trade-in discounts on other stuff.
And once you do, there aren’t always good ways to get rid of last year’s item that you don’t need anymore. Marketplaces like eBay or Craigslist require some lift; you need to take photos, write a listing, post it, then interact with buyers and ultimately ship it out yourself or go meet somebody in a parking lot for a handoff.
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