Hamish Moline News Today

Struggling US card issuing and payments processing platform provider Marqeta Inc has abruptly pulled the plug on its Australian business as it scrambles to tame operating losses across its global business.

ShopBack's new BNPL feature in Malaysia and Singapore is the latest to join Optty's growing BNPL ecosystem that reaches hundreds of millions of potential customers SINGAPORE, Aug. 17, 2022 /PRNewswire/ --Optty, the world's first independent Buy Now, Pay Later integration platform, today announced that it has added ShopBack PayLater to its BNPL integration platform for retailers. As recently announced, ShopBack, Asia-Pacific's leading shopping, and rewards platform, which acquired...

Existing investor January Capital also joined the round

ShopBack ropes in former Slack executive as CTO while Hypefast appoints ex-Bukalapak exec as CTO.

(Bloomberg) -- ShopBack, an online shopping rewards app backed by Temasek Holdings Pte, is in talks with potential investors to raise $150 million to help finance its expansion, according to people with knowledge of the matter.

Aik-Phong Ng will be responsible for spearheading the rollout of ShopBack In-Store and ShopBack Pay in Australia, Thailand, and Taiwan.

Australian PE firm Allegro Funds has appointed Fay Bou as its third partner as it looks to expand its operations.