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 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...
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...
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...
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. […]
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,...
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,...
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...