Company Announcements:
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Elevator Pitch:

Warrp is the only p2p second hand goods marketplace with a crowdsource pricing technology and an in-built PayID escrow wallet that connects its users to safe meetup and pickup partner businesses locally.

Usage of the Warrp marketplace is completely free and it is optional to use the escrow wallet functionality of the platform. Buyers and sellers that choose to protect their transaction using this option only incurs a fee of 4.99% of the transaction value capped at a maximum fees of $49.99.

The main market verticals Warrp plays in is E-commerce and FinTech space and the major competitors of Warrp is Gumtree, Facebook Marketplace, StockX, Carousell and Escrow.com.

Warrp also provides a SaaS type offering to second hand goods dealers and buying groups interested in purchasing goods from Warrp sellers. This service offering is currently in pilot mode (free trial) and a monthly recurring fee price is to be decided once the program launches to a minimum of 250 Partner Plus members nationwide.

The company was founded in June 2020 and launched its iOS app in the App Store in May 2021. Warrp has since been featured in the App Store in the Top 100 shopping app category above other existing marketplace players. Warrp is currently working on its Android app and web platform to provide access to 75% of the potential market users.

Warrp has bold plans to be the number one second hand marketplace in the world and will achieve this ambition whilst cultivating an organisational culture and ethos of "Always being there for the customer".

Please follow our company page on LinkedIn for upcoming job positions, news and information regarding Warrp.

Category: Consumer goods, Fintech, Marketplace
URL: https://warrp.it/
Operational Status: Active
ASX Listing Code (if applicable):
Year of Commencement:

Melbourne, Victoria, 3000, AU

State: Victoria
Overseas Operations: No
Linkedin: https://www.linkedin.com/company/warrp-it/
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