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Singapore's ShopBack bags $30m from Australia's Westpac

Cashback platform has been bolstering its leadership team

ShopBack offers cashback, other rewards for a variety of brands. (Screenshot from ShopBack website)

SINGAPORE -- Singapore-based cashback platform ShopBack has raised an additional $30 million in equity funding from Australian bank Westpac, according to an announcement on Thursday.

The company's filings with Singapore's Accounting and Corporate Regulatory Authority (ACRA) show the funds are part of its Series F extension round. They follow the $160 million raised from Temasek's 65 Equity Partners and Asia Partners earlier this year.

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