Revenir
Revenir provides a fully digital, form-free VAT reclaim service for purchases made abroad, delivered through partnerships with banks and card providers. Customers upload receipt photos via their banking app, and Revenir's AI technology automates form filling and processes refunds directly to their accounts within 48 hours. The company offers white-label API integration or a dedicated portal for financial partners.
- Financial Technology
- Hospitality & Travel Technology
- Artificial Intelligence
- Software Only
- Applications
- Enterprise Software
Funding
Funding not disclosed
Founders
Product
Problem
80% of VAT on purchases made abroad goes unclaimed because the traditional reclaim process relies on clunky paper forms, confusing procedures, and long airport queues. Reclaim merchants typically take more than 30% commission, further reducing the value travelers receive from eligible refunds.
Solution
Revenir offers a fully digital, form-free VAT reclaim service delivered through partnerships with banks and card providers. Customers simply make purchases, upload a picture of their receipt through their banking app, and Revenir handles the rest, with refunds deposited directly into their accounts. The platform automates form filling using innovative AI technology, eliminating paperwork and airport queues entirely. For partners, Revenir provides white-label solutions via API integration or a dedicated portal, adding value, driving customer satisfaction, and creating an additional revenue stream. The company also maintains strategic partnerships and agreements with local tax authorities to facilitate seamless processing and swift delivery of refunds.
Target Audience
Primary customers are banks and card providers seeking to enhance their customer experience with value-added services, as well as travelers who make purchases abroad and are currently missing out on eligible VAT refunds.
Features
- AI-powered automated form filling that eliminates manual paperwork and streamlines the entire VAT reclaim process
- Machine learning, optical recognition, and proprietary algorithms that identify eligible purchases automatically
- White-label API integration or dedicated portal options for banks and card providers to offer the service under their own brand
- Direct refund delivery to customer bank accounts within 48 hours without requiring airport visits or physical forms
- Strategic agreements with local tax authorities enabling efficient processing and faster refund turnaround
- Sustainable AWS hosting infrastructure and a partnership with Ecologi to plant a tree for every 10 VAT reclaims processed