CASHREWARDS is Australia’s leading online Cashback community. Its focus is saving members money while helping retailers boost sales and increase customer loyalty. To date, CASHREWARDS has given back over $38 million in cash to its members.
As at April 2018 CASHREWARDS facilitated 2% of monthly e-commerce spend and generated $600 million, of Australians’ total annualised online spend, via more than 1200 retail partners and over 375,000 members.
CASHREWARDS members receive a percentage of every dollar back when shopping as normal at their favourite stores. They then transfer those funds directly into their bank or PayPal account. The CASHREWARDS model enables members to shop directly through retailers’ websites as usual, after clicking through the CASHREWARDS site, which tracks the sale.
For retailers, CASHREWARDS conversion rates are ten times that of Australian e-commerce standards; and more than 34% of CASHREWARDS members visit the site weekly.
Founded in 2014 by CEO Andrew Clarke and Lorica Clarke, multi-award winning CASHREWARDS was Australia’s fastest growing tech company in 2016, as named in the 2016 Deloitte Tech Fast 50 Award and recognised again in the 2017 Deloitte Tech Fast 50. It was also a winner in the 2017 Deloitte Asian Fast Tech 500 Awards for 2016 and 2017. CASHREWARDS has been named Westpac Business of Tomorrow 2017 and winner of the Optus Media and Marketing Business of the Year in the 2017 Optus My Business Awards. CASHREWARDS has won many other awards including being a finalist in the 2017 Telstra Business Awards. Andrew Clarke was a finalist in the EY Entrepreneur of the Year Awards 2017 and winner of the Anthill 2017 Cool Company “Number Cruncher” Award.
As a partner with Pledge 1%, a corporate philanthropy movement pioneered by Salesforce and Atlassian, CASHREWARDS gives 1% of all Cashback rewards, 1% its equity, 1% of its time to the Starlight Children’s Foundation.