Shopback news and trends

Optty BNPL Ecosystem Adds ShopBack as 50th Integration
BNPL // August 17, 2022

Independent buy now, pay later (BNPL) integration platform Optty has added shopping and rewards firm ShopBack to its expanding BNPL ecosystem, marking its 50th integration. ShopBack PayLater, powered by hoolah, is available to all participating merchants in Malaysia, Singapore, and Thailand as an option through...

Today in Retail: ShopBack Pay Allows Users to Earn Rewards; Cosmetic Companies Continue to Struggle...
Retail // April 25, 2022

Today in retail, ShopBack expands ways to pay, while cosmetic companies struggle with costs. Plus, Authentic Brands Group looks to add Ted Baker to its growing portfolio, wedding season is expected to be the busiest in two decades, and 60% of consumers are buying only...

ShopBack Expands Way to Pay
Loyalty & Rewards // April 25, 2022

Three months after ShopBack, the Asia-Pacific’s cashback network, launched ShopBack Pay that allows shoppers to use their preferred payment method while amassing cash rewards, the company is adding another feature, VulcanPost.com reported. The new tool for consumers is a QR scan-and-pay feature that allows ShopBack...

Cash Back App ShopBack Seeks $150M in Funding
Investments // February 16, 2022

Online shopping rewards app ShopBack is hoping to fuel its expansion with a $150 million funding round that would value the startup at roughly $1 billion. As Bloomberg News reported Wednesday (Feb. 16), sources close to the matter say the Singapore-based company is working with...

Quick Reads
ShopBack Cuts 24% of Staff Amid BNPL Retreat

March 19, 2024
Singapore’s ShopBack is cutting a quarter of its staff as it exits the BNPL space. CEO Henry Chan announced the cuts in a message to employees Tuesday (March 19), saying the layoffs — which will impact 195 workers, or 24% of staff — come after a sustained period of other cost-cutting measures, including salary freezes and leaving some roles unfilled. […]

Optty BNPL Ecosystem Adds ShopBack as 50th Integration

August 17, 2022
Independent buy now, pay later (BNPL) integration platform Optty has added shopping and rewards firm ShopBack to its expanding BNPL ecosystem, marking its 50th integration. ShopBack PayLater, powered by hoolah,...

ShopBack Expands Way to Pay

April 25, 2022
Three months after ShopBack, the Asia-Pacific’s cashback network, launched ShopBack Pay that allows shoppers to use their preferred payment method while amassing cash rewards, the company is adding another feature,...

Cash Back App ShopBack Seeks $150M in Funding

February 16, 2022
Online shopping rewards app ShopBack is hoping to fuel its expansion with a $150 million funding round that would value the startup at roughly $1 billion. As Bloomberg News reported...