The Credit Saison, Rakuten, InTouch Holdings, SoftBank and Singapore Telecommunications-backed retail rewards platform developer has now raised $145m in total.

ShopBack, a Singapore-based e-commerce loyalty platform operator backed by corporate investors Credit Saison, Rakuten, InTouch Holdings, SoftBank and Singapore Telecommunications, has raised $40m, Australian Financial Review has reported.

Temasek, EDBI, East Ventures, Indies Capital and January Capital all took part in the round, according to regulatory filings seen by AFR. The company’s overall funding has now reached $145m since it was founded in 2014.

ShopBack has built a digital cashback loyalty platform for e-commerce users across the Asia-Pacific region, including…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn