Leading Australian retail cashback platform, Cashrewards has listed on the Australian Stock Exchange (ASX) with plans to extend its ecosystem and maximise potential for members and shareholders.
Cashrewards currently has more than 1,500 merchant members including Apple, Adidas, Dan Murphy’s Myer and The Iconic, and over 800,000 members who have enjoyed more than $100 million in savings since its inception.
The ASX listing marks a new phase for Cashrewards delivering the funds needed to accelerate progress of considerable ambitions, according to CEO, Bernard Wilson (pictured).
“Cashrewards operates at the intersection of technology, e-commerce, rewards and financial services and we are delighted to have secured the support of such a quality group of investors to join us on our journey.”
He said many investors understand the potential of the Cashrewards ecosystem to create a sustainable and growing three-way win for merchants, consumers, and investors.
The Cashrewards platform is centred on an e-commerce ecosystem, where members can browse brands and offers and receive cashbacks on transactions by shopping online or in-store.