ShopBack - About the company
ShopBack is a series F company based in Singapore (Singapore), founded in 2014 by Joel Leong, Henry Hian Yi Chan, Bryan Chua, Shanru Lai and Josephine Chow. It operates as an Online platform providing cashback rewards, coupons, and promo codes for purchases. ShopBack has raised $350M in funding from investors like East Ventures, Temasek and Credit Saison, with a current valuation of $*****. The company has 427 active competitors, including 19 funded and 15 that have exited. Its top competitors include companies like CashKaro, Groupon and Dragonpass.
Company Details
Online platform providing cashback rewards, coupons, and promo codes for purchases. It allows users to earn money back on shopping, travel bookings, and game play. Users can withdraw earnings to their accounts. The platform offers notifications for deals and automatic application of coupon codes.
- Website
- www.shopback.com/
- Social
- Email ID
- *****@shopback.com
- Registered Address
- 77 AYER RAJAH CRESCENT #03-23 SINGAPORE 139954
Legal entities associated with ShopBack
ShopBack is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ECOMMERCE ENABLERS PTE. LTD CIN: 201411189G , Singapore, Active | Dec 31, 2013 | $99M (As on Mar 31, 2024) | - |
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ShopBack's funding and investors
ShopBack has raised a total funding of $350M over 9 rounds. Its first funding round was on Mar 09, 2015. Its latest funding round was a Series F round on Dec 08, 2022 for $*****. 1 investor participated in its latest round. ShopBack has 39 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of ShopBack:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 08, 2022 | 3816411 | Series F | 9563089 | 7884850 | 6514443 | 8576304 |
Oct 03, 2022 | 8771286 | Series F | 3581139 | 1891659 | 9241383 | |
Jun 23, 2022 | 1545918 | Series F | 7102758 | 6668606 |
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ShopBack's founders and board of directors
Founder? Claim ProfileThe founders of ShopBack are Joel Leong, Henry Hian Yi Chan, Bryan Chua, Shanru Lai and Josephine Chow. Henry Hian Yi Chan is the CEO of ShopBack.
Here are the details of ShopBack's key team members:
- Joel Leong: Co-Founder of ShopBack. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Henry Hian Yi Chan: Co-Founder & CEO of ShopBack and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Bryan Chua: Former Co-Founder of ShopBack and founder of 2 other companies, ShopBack and Shopback. Contact Info: 1 email address
- Shanru Lai: Co-Founder of ShopBack and founder of 1 other company. Contact Info: 1 email address
- Josephine Chow: Co-Founder, General Manager of ShopBack.
View details of ShopBack's Founder profiles and Board Members
ShopBack's employee count trend
ShopBack has 1,037 employees as of Mar 26. Here is ShopBack's employee count trend over the years:
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ShopBack's Competitors and alternates
Top competitors of ShopBack include CashKaro, Groupon and Dragonpass. Here is the list of Top 10 competitors of ShopBack, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform providing cashback rewards, coupons, and promo codes for purchases | $350M | 78/100 | ||
2nd | Platform offering cashback and coupon offers from e-commerce portals | $32.6M | 76/100 | ||
3rd | Groupon 2007, Chicago (United States), Public | Online marketplace offering deals on multi-category products and services | $950M | 69/100 | |
4th | Dragonpass 2005, Guangzhou (China), Unfunded | Travel and lifestyle membership platform offering exclusive airport lounge access, dining, and other premium services to its members | - | - | 57/100 |
5th | Online platform offering deals | - | - | 53/100 | |
6th | Cashrewards 2012, Sydney (Australia), Public | Platform offers rewards in the form of cashback for online shopping initiated through its portal | $5.2M | 52/100 | |
7th | Provider of POS solutions for e-commerce businesses | $5M | 52/100 | ||
8th | Online platform that focuses on getting discounts from third-party ecommerce sites | $130M | 51/100 | ||
9th |  Hubble Money 2021, Bengaluru (India), Seed | Provider of a no-code platform for launching rewards and gift card stores | $3.5M | 51/100 | |
10th | CupoNation 2012, Munich (Germany), Series B | Online platform offering coupons and deals | $21.9M | 47/100 |
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ShopBack's Investments and acquisitions
ShopBack has not made any investments yet. ShopBack has made 4 acquisitions.Here is the list of latest three $acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 02, 2021 | Acquisition | 2017 | Singapore (Singapore) | |
Apr 28, 2020 | Acquisition | 1998 | San Mateo (United States) | |
May 10, 2018 | Acquisition | 2015 | Santa Monica (United States) |
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News related to ShopBack
Filter this listMedia has covered ShopBack for a total of 7 events in the last 1 year, 3 of them have been about company updates and 2 about people movement.
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ShopBack Appoints Chong Ee Rong and Dan Neary to its Board of DirectorsShopBack•Feb 06, 2026•ShopBack
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Singapore's ShopBack rewards app attracts inflation-hit consumers by expanding partnershipsNihon Keizai Shimbun•Jun 11, 2025•ShopBack, Starbucks
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Australasia Paytech Trending Pay by Bank In-Store: Chemist Warehouse, Banked & ShopBack PartnerThe Fintech Times•May 01, 2025•Chemist Warehouse, Banked, ShopBack
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ShopBack Korea, cumulative transaction amount exceeds 1 trillion won in 5 years since launchKorea Newswire•Feb 12, 2025•ShopBack
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Singaporean health deep tech startup Mesh Bio secures investment from East VenturesTechNode•Oct 12, 2023•Mesh Bio, East Ventures, Tokopedia, Traveloka and 11 others
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Total VC funding in SEA declines by 25% in H1 2023Tech in Asia•Aug 14, 2023•Kredivo Holdings, VentureCap Insights, January Capital, ShopBack and 1 other
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