Investor Updates

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

3 Oct
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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: 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.

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