By Nancy Dahlberg
WWR Article Summary (tl;dr) In 2015, three Haitian immigrants launched Stopoint.com, a national company that specializes in buying and selling used electronics.
After being robbed while exchanging computer equipment in person and later scammed while selling electronics online, Ally Simbert, 25, who at the time was a college freshman studying computer science at a Miami-area university, met with his twin brother, Steeve Simbert, 25, and best friend Marc Estinville, 26.
“We felt really bad and really sad, but then we said we can make things better,” said Estinville.
They decided to start a company that would make buying and selling safer and easier.
In 2015, this trio of Haitian immigrants launched Stopoint.com, a national company that specializes in buying and selling used electronics. The co-founders recognized that selling products to strangers was unsafe, and also noticed that other companies in their market were buying electronics for unfair prices and making customers wait more than 10 days for payments.
“We made Stopoint based on three fundamentals: to create safety, offer fair prices and provide fast payment,” Estinville said. Because of the sophisticated tech system it created, Stopoint is the only company in the industry that pays within 24 hours, the team said.
It works like this: A customer places a tech product, such as a phone or tablet, that he or she wants to sell on Stopoint’s website. Through Stopoint’s simple process, the customer lists the features, quality and the condition of the product.
Stopoint offers a buying price. When agreed, Stopoint emails a shipping label free, and when Stopoint receives the product, it transfers the agreed cash amount to the customer’s bank account via PayPal within 24 hours. Stopoint then takes the product, upgrades and cleans it as needed, and sells it for a markup to an online buyer, all within three or four days.