Investor Updates

ShopBack extends oversubscribed Series F with US$80 million from 65 Equity Partners

3 Oct
2022
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Singapore
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ShopBack today announced that it has entered into a subscription agreement with 65 Equity Partners for US$80 million of equity capital in an extended Series F funding round. The announcement follows an earlier US$80 million tranche led by Asia Partners in July 2022, bringing its ongoing Series F round to a total of US$160 million. 

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ShopBack: For the wins

The ShopBack Group is Asia-Pacific’s leading shopping and rewards platform, serving over 35 million shoppers across ten markets.

ShopBack was founded in 2014 and today, ShopBackers across the region 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$3.5 billion in annual sales for over 10,000 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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