, Singapore
337 views
ShopBack’s Henry Chan (Co-Founder & CEO, 2nd from left) and Joel Leong (Co-Founder, 3rd from left), with Oliver Rippel (Co-Founder & Partner, 1st from left), Nick Nash (Co-Founder & Managing Partner, 2nd from right), and Brook Supanusonti (Co-Founder & Partner, 1st from right) from Asia Partners.

ShopBack bags $111m in Series F funding round

This brings its total capital raised to over $319.36m

Singapore-headquartered shopping and rewards platform ShopBack has raised $$111m (US$80m) in a Series F funding round led by Asia Partners with existing investor January Capital participating in the round.

This new funding brings the total capital raised by ShopBack to over $$319.36m (US$230m).

Recently, ShopBack launched its cashless payment feature in Singapore.

READ MORE: Shopback offers new cashless payment feature in Singapore

ShopBack plans to use the fresh funds to develop new and innovative products for its users and merchant partners as well as expand its presence in the Asia Pacific.
 

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.