FinTechFunding

Fetch Rewards: Raises Over $210M in Series D Funding

  • Fetch Rewards, a Madison, Wis.-based consumer-loyalty and retail-rewards app, raised more than $210m in Series D funding
  • The round, which brought the total amount raised to $328m, led by SoftBank Vision Fund 2, with participation from existing shareholders ICONIQ, DST, Greycroft and e.ventures
  • The company intends to use the funds to continue to expand operations and its business reach
  • Fetch Rewards allows shoppers to earn free rewards on their everyday purchases by snapping photos of their receipts or submitting electronic receipts
  • Since launching in 2017, the app has downloaded more than 19 million times and has nearly 7 million active users
  • The company has offices in Chicago, New York, and San Francisco
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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