Investor Updates

ShopBack raises US$80 million in Series F investment led by Asia Partners

24 Jun
2022
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Singapore
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ShopBack today announced that it has raised US$80 million of new capital in a funding round led by Asia Partners. The raise is to support the Group’s vision to build the leading shopping and rewards platform across the Asia Pacific region. Existing investor January Capital also participated in the round. This new funding brings the total capital raised by ShopBack to over US$230M.

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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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