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New Deal


Announced

Completed

ShopBack completed the acquisition of hoolah.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

fintech startup

FinTech

Acquisition

Completed

Single Bidder

Private

Friendly

Singapore

buy now pay later

Majority

Synopsis

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ShopBack, a cashback reward program available across the Far East and Australia, completed the acquisition of hoolah, a Singapore-based fintech startup. Financial terms were not disclosed. "We see significant synergies between ShopBack’s and hoolah’s product lines. Together as one, we unlock value by providing a broader platform of new capabilities and services for shoppers and merchants alike," Henry Chan, ShopBack CEO.

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