CardsPal

Singapore, Singapore Founded: 2019 • Age: 7 yrs Acquired By utu
Credit card discovery and comparison platform is offered to consumers.
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About CardsPal

CardsPal is a company based in Singapore (Singapore) founded in 2019 by Richard Lu and Saim Yeong Harng was acquired by utu in June 2023.. CardsPal offers products and services including Cashback Calculator, Must Buy Deals, and Ticketing Service. CardsPal operates in a competitive market with competitors including GoBear, Singapore Promo and Dive, among others.

  • Headquarter Singapore, Singapore
  • Founders Richard Lu, Saim Yeong Harng
  • Sectors
    Retail
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cardspal Pte. Ltd.
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
    $-216.9 K (USD)
    0
    as on Dec 31, 2020
  • EBITDA
    $-216.95 K (USD)
    0
    as on Dec 31, 2020
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    utu

    (Jun 26, 2023)

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Products & Services of CardsPal

CardsPal offers a comprehensive portfolio of products and services, including Cashback Calculator, Must Buy Deals, and Ticketing Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tool to compare cashback from credit cards for purchases.

Platform for exclusive discounts on shopping and leisure.

Service for purchasing tickets to events and entertainment.

Funding Insights of CardsPal

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CardsPal

CardsPal has secured backing from 1 investor. Prominent investors backing the company include utu. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Cross-border rewards points are earned and redeemed via mobile app.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CardsPal

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CardsPal

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cardspal Comparisons

Employees
+
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Competitors of CardsPal

CardsPal operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GoBear, Singapore Promo and Dive, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Financial products including credit cards and loans are compared online.
domain founded_year HQ Location
Curates online promo codes and deals for shopping and dining in Singapore.
domain founded_year HQ Location
Dive is developed as a meeting productivity software tool.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about CardsPal

When was CardsPal founded?

CardsPal was founded in 2019.

Where is CardsPal located?

CardsPal is headquartered in Singapore, Singapore.

Who is the current CEO of CardsPal?

Saim Yeong Harng is the current CEO of CardsPal. They have also founded this company.

What does CardsPal do?

CardsPal was founded in 2019 in Singapore as a fintech platform focused on credit card discovery. Consumers are enabled to compare credit cards and access deals, rewards, discounts, and cashback options for managing expenditures. Services cover online shopping, dining, entertainment, retail, and travel. The platform operates through mobile applications available on Android and iOS devices.

Who are the top competitors of CardsPal?

CardsPal's top competitors include GoBear, Dive and Singapore Promo.

What products or services does CardsPal offer?

CardsPal offers Cashback Calculator, Must Buy Deals, and Ticketing Service.

Who are CardsPal's investors?

CardsPal has 1 investor. Key investors include utu.

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