Global Blue

Global Blue is a tourism shopping tax refund company that specializes in tax-free shopping networks, enabling customers to save up to 19% on purchases made abroad at approximately 270,000 partnered retailers. Founded by Alf Näslund in 1980, the company has its headquarters in Nyon, Switzerland, and operates across 51 countries. In addition to facilitating tax refunds, Global Blue offers services in dynamic currency conversion, marketing, point-of-sale technology, retail staff education, and customer intelligence. By connecting retailers, acquirers, and hotels with nearly 80 million consumers, Global Blue enhances the shopping experience for international travelers while providing added-value payment solutions for various stakeholders in the retail ecosystem.

James Strabo

Co-Founder, Global Blue Ventures

6 past transactions

Twig

Corporate Round in 2022
DIEM, is a circular economy-oriented fintech company, launching in the UK on September 28th 2020. It’s mission is to empower consumers to value, unlock, and enjoy wealth they never knew they had. Best described by its founder, Geri Cupi as the “Bank of Things”. DIEM offers a highly unique service on top of regular debit card access, competitive international transfer rates and user friendly spending analytics. In simple terms, DIEM enables consumers to receive instant payments for their things.

ZigZag Global

Acquisition in 2021
ZigZag Global Ltd is a software platform designed to assist e-commerce retailers in managing product returns efficiently. Founded in 2014 and based in London, the company provides a comprehensive returns portal that grades returned items and facilitates their consolidation, refurbishment, local redistribution, recycling, destruction, and resale internationally. ZigZag's extensive network includes over 200 local warehouses in 130 countries, enabling quicker refunds and streamlined returns processes. Customers can initiate returns in under a minute and choose from over 300,000 locations for tracked returns via post, locker, or courier. The platform allows for rapid refunds, often within 24 hours, and offers various services such as order label management, tracking, and paperless returns technology. ZigZag has received multiple awards for innovation and sustainability, highlighting its commitment to improving the returns experience for both retailers and consumers.

Currency Select

Acquisition in 2016
Currency Select is a provider of DCC and MCP focussed solutions and services. Currency Select has provided DCC-enabled merchant acquiring services to Australian merchants since 2004, including the direct acquiring of UnionPay transactions since 2013. As a result, we have become the leading provider to the hotel, accomodation and education sectors and have developed sector specific solutions such as a fully integrated payment solution involving Oracle's Opera Property Management System (PMS) and Simphony Food-and-Beverage point-of-sale (POS) systems

TravelersBox

Series A in 2016
TravelersBox LTD. operates automatic kiosks in international airports, allowing travelers to convert leftover foreign currency into gift cards or to deposit funds into their PayPal accounts. Founded in 2012 and based in Istanbul, Turkey, the company provides an efficient solution for international passengers to utilize their unused currency when departing from various destinations, including Turkey, England, Georgia, and Italy. Users can also choose to donate their leftover currency through the kiosks, further enhancing the utility of their foreign coins and bills. By streamlining the currency conversion process, TravelersBox enables travelers to save money in a convenient and straightforward manner.

TravelersBox

Series A in 2015
TravelersBox LTD. operates automatic kiosks in international airports, allowing travelers to convert leftover foreign currency into gift cards or to deposit funds into their PayPal accounts. Founded in 2012 and based in Istanbul, Turkey, the company provides an efficient solution for international passengers to utilize their unused currency when departing from various destinations, including Turkey, England, Georgia, and Italy. Users can also choose to donate their leftover currency through the kiosks, further enhancing the utility of their foreign coins and bills. By streamlining the currency conversion process, TravelersBox enables travelers to save money in a convenient and straightforward manner.
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