Pandas, a Scale Up Cohort 5 member, is dedicated to helping consumers get the most value from their smartphones with zero hassle, offering a fast, safe, and easy way to trade in old devices. With over 2 billion functional smartphones sitting unused in drawers worldwide, Pandas provides a simple solution by allowing users to trade in their phones and receive instant payment, contributing to the circular economy.

The company’s proprietary AI technology, integrated into Pandas kiosks, evaluates each smartphone’s condition with high accuracy, creating a seamless experience akin to using an ATM. This ensures that customers can quickly and confidently complete their trade-ins without complications. 

While originally consumer-focused, Pandas has now shifted its primary focus to B2B partnerships, targeting telecoms, tech retailers, and supermarkets. These partnerships make the service widely accessible and position Pandas as a convenient trade-in channel for smartphones, with a goal to become the leading provider of smartphone trade-in solutions for telecom providers and retailers worldwide. Pandas has raised $9.65M from investors like John Tsioris, DST Global, and others.

Pandas in Three:

What problem is Pandas solving? Pandas addresses the hassle and inefficiency of selling old smartphones, providing a fast, secure, and user-friendly trade-in solution.

What’s innovative about Pandas? Pandas' kiosks use proprietary AI technology to evaluate smartphone conditions accurately, offering instant payment directly to users’ bank accounts.

Who can use Pandas? Anyone looking to trade in their old smartphone quickly, safely, and with minimal effort.