Tech Company Financing Transactions
ShopBack Funding Round
ShopBack, based in Singapore, secured $80 million from 65 Equity Partners.
Transaction Overview
Company Name
Announced On
10/4/2022
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series F
Investors
Proceeds Purpose
The platform will channel the additional capital toward launching new products for users and developing growth and payment solutions for its merchant partners.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
65 Sand Long Road
Singapore, 118506
Singapore
Singapore, 118506
Singapore
Phone
Undisclosed
Website
Email Address
Overview
The ShopBack Group is Asia-Pacific's leading shopping and rewards platform, serving over 30 million shoppers across ten markets. Growing from a team of six back in 2014 to over eight hundred today, ShopBackers across the region come together with a singular mission: to make shopping rewarding, delightful, and accessible for all. More than half a billion shopping trips start with ShopBack each year. The Group powers over US$3.5 billion in annual sales for over 10,000 online and in-store merchant partners, across categories ranging from fashion, beauty, F&B, electronics, travel and more. ShopBack is continuously enhancing our suite of shopping services and solutions, to bring more value to our shoppers and merchant partners.
Management Team
Title
Name
Email & Social
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