Singaporean e-commerce startup ShopBack raises $80 million in funding

Oluwajuwonlo Afolabi -

ShopBack, a Singapore-based e-commerce platform startup has raised $80 million in its Series F funding round led by Asia Partners, with participation from January Capital, its existing investor.

  • ShopBack is an online shopping and rewarding platform with over 30 million users across ten markets.
  • It recently launched ShopBack Pay, a feature that allows users in Singapore and Australia to pay at over 3,000 merchant stores.
  • The startup has raised $230 million in total with this new round.