The fully digitalized Refundit mobile app allows tourists to easily claim their VAT refunds online, avoiding the need for tedious paperwork and long queues at the airport. The app also offers a coordination platform with tax authorities in each country, enabling tourists to scan invoices after purchase and receive customs clearance for a refund based on the purchase. Refundit sets a new standard with the lowest and most transparent fees, charging only 9% compared to traditional companies that charge 30%-60% of the refund. Founded in 2017 by Uri Levine and Ziv Tirosh, Refundit is a disruptive tech start-up focused on revolutionizing the VAT refund scheme in Europe for tourists, retailers, authorities, and governments alike. In 2019, Refundit won the UNWTO Travel-Tech Startup Competition and has since gained support from major shareholders such as Amadeus and Portugal Ventures.