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Retail cash-back scheme Cashrewards' brokers have brought forward the deadline for bids for its $65 million IPO and declared the deal "covered".

Cashrewards' mystery investor is understood to be ANZ Bank.

Retail cashback scheme Cashrewards has received a commitment from a strategic investor to take a 19 per cent stake in the company upon listing.

Steve Smith backed e-commerce and online checkout player Cashrewards is set to test investors' appetites for the sector with a November IPO.

Retail cash-back scheme Cashrewards has blasted terms to funds for its $47 million initial public offering, ahead of a bookbuild on Thursday next week.

Retail cash-back outfit and ASX aspirant Cashrewards has received the backing of Australian cricketing royalty.

Online shopping rewards platform Cashrewards has got some fresh capital in the door and bolstered its board in advance of an October IPO roadshow.

Retail cash-back outfit Cashrewards' run at the local bourse just got serious.

“The thing about startups is that there’s so much potential, because you’ve got a blank canvas — it’s really easy to lose focus ... You have to learn to say ‘no’ more often than you say ‘yes’.” — Andrew Clarke, Cashrewards founder

Online shopping rewards site Cashrewards closes a funding round led by Alium Capital and is planning an IPO next year.