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Shopback

Cashback Site and your definitive guide to Online Shopping 


Location

Industry

Company Size

Not Specified

Year Founded

Not Specified


About Shopback

Headquartered in Singapore with an affiliate office in the United States, Malaysia, the Philippines, India and Indonesia, ShopBack is one of the pioneers who introduced a fresh spin to Southeast Asia’s online shopping scene in September 2014. Granting customers Cashback when they shop at over 1,000 online stores, ShopBack connects both merchants and shoppers with a mutually beneficial reward system.

When a shopper makes a successful transaction on any store that is linked from ShopBack’s website, the merchant who earns from the purchase will give a commission to ShopBack. Thereafter, ShopBack shares its commission with the shopper, who will receive it as Cashback.

With a dedicated team of over 50 people equipped with extensive experience in the ecommerce industry, ShopBack has successfully established presence in four markets within a year, with future plans of gaining a greater foothold on the regional map.

In October 2015, ShopBack was crowned the winner of the Gold award in the Best Start-up (Growth Stage) category and Silver award in the Best Innovative Infocomm Products (Consumers) category at the 7th Singapore Infocomm Technology Federation (SiTF) Awards. This is the local start-up’s maiden voyage in industry awards, pitting against more than 300 nominations for the esteemed titles.

Founders & Key People

Kevin Peng  LU

Kevin Peng LU

Online Marketing Lead


Investors

East Ventures

Pioneering and leading sector-agnostic venture capital firm with 300+ tech companies across SEA.

AppWorks

By Founders, For Founders

Temasek Holdings

So Every Generation Prospers

Rakuten

Internet service(e.g. e-commerce), Financial service, Investment


Funding Rounds

Funding

$100.6 Million

Funding Rounds

3 rounds

B

$75,000,000

Series B Round

Growth Stage

Mar 2020

Temasek Holdings LogoRakuten LogoEast Ventures Logo
A

$25,000,000

Series A Round

Early Stage

Nov 2017

AppWorks LogoEast Ventures Logo
S

$600,000

Seed Round

Early Stage

Apr 2015

East Ventures Logo

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