Investor Updates

ShopBack closes extended US$75M funding round led by Temasek

12 Mar
2020
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Singapore
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Authors:
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ShopBack, Asia Pacific’s leading rewards and discovery platform, today announced that it has completed an extended round led by Temasek, with participation from existing investors including Rakuten, EDBI, EV Growth, Cornerstone Ventures, and 33 Capital. This brings ShopBack’s total investment round to US$75m.

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ShopBack: The world's most rewarding way to shop

The ShopBack Group is a leading shopping and rewards platform in Asia-Pacific and Europe, serving over 40 million shoppers across 11 markets.

ShopBack was founded in 2014 and today, ShopBackers across the world continue to win over shoppers by constantly upping their game - be it rewards or meaningful experiences - such that shoppers can achieve a personal victory every time they use ShopBack.

The Group powers over US$4 billion in annual gross merchandise value for more than 20,000 online and in-store merchant partners. In 2022, ShopBack launched ShopBack Pay and PayLater, extending the platform's offerings into financial services, providing shoppers responsible and convenient payment options at checkout.

Media contact email: 
press@shopback.com

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