Second-hand e-commerce platforms expand in Spain and Latin America

The second-hand retail market is seeing significant technological and consumer growth across Spain and Latin America, driven by the rise of circular fashion and professionalized e-commerce platforms.

In Spain, the Valencia-based technology company Ruit has secured 880,000 euros in a funding round led by Abac Nest, with participation from Angels Capital, Decelera, and SuccessfulVC. The startup aims to provide a technological layer for professional sellers and distributors to scale second-hand operations. The investment will be used to strengthen the team, accelerate product development, and support international expansion.

In Mexico and Colombia, digital platforms such as GoTrendier and Vestua are gaining popularity by offering social C2C marketplaces and digital consignment services. These platforms facilitate the resale of clothing, footwear, and accessories ranging from fast fashion to luxury brands, promoting a circular economy model through buyer protection and streamlined digital transactions.