ShopBack

ShopBack is an E-commerce startup that empowers smart shopping choices by offering substantial Cashback rewards across a vast network of leading retailers. Founded in 2014, the company has established a significant presence in Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan. With a network of over 1,300 merchant partners, including Uber, Expedia, and Lazada, ShopBack is committed to delivering a smarter shopping experience. It facilitates over 1,000 orders per hour and provides up to 30% Cashback, effectively boosting consumer purchasing power. In December 2022, ShopBack secured a significant $40.00M Series F investment from Westpac, indicating continued investor confidence in the company's potential for growth and market impact. The company has also been recognized with accolades such as the Gold award for Best Start-up (Growth Stage) and the Silver award for Best Innovative Infocomm Products (Consumers) at the 7th Singapore Infocomm Technology Federation (SiTF) Awards in October 2015. Moreover, in September 2016, ShopBack received the Emerging Enterprise Award, organized by The Business Times (Singapore) and OCBC Bank, acknowledging outstanding small and medium enterprises (SMEs) in Singapore. Overall, ShopBack's innovative approach to enhancing the shopping experience, strong network of merchant partners, and the recent significant investment from Westpac position the company as a key player in the E-commerce Cashback market, poised for continued growth and success in the industry.