Investor Updates

ShopBack Completes Final Close Of Oversubscribed US$200M Series F With Strategic Investment From Westpac

8 Dec
No items found.
The ShopBack Group today announced that it has raised US$30 million in equity capital via a strategic investment from Westpac Banking Corporation. The raise follows the Group’s earlier announcement of its US$160 million Series F tranche from Asia Partners and 65 Equity Partners; together with commitments from other new and existing investors, this brings the final close of its Series F round to US$200 million.

Related press releases

No items found.

ShopBack: The world's most rewarding way to shop

The ShopBack Group is Asia-Pacific’s leading shopping, rewards, and payments platform, serving over 40 million shoppers across 11 markets. In 2023, the Group expanded its offerings into Germany, signalling its entry into the European market.

Driven by the vision to be the world's most rewarding way to shop, ShopBack is dedicated to saving members money and time, while delivering delightful experiences with every purchase. The platform also enables merchants and brands to engage with their members in a cost-effective manner.

Founded in 2014, ShopBack now powers over US$4 billion in annual sales for over 20,000 online and in-store partners. Facilitating upwards of half a million transactions daily, ShopBack continues to provide value to both members and merchants through its innovative offerings. Notably, its payment solution, ShopBack Pay, offers members a convenient and rewarding payment option at checkout.

Media contact email:

Latest press releases

View All