Rakuten is a cashback and shopping rewards platform that pays users a percentage of their purchases back in cash when shopping at over 3,500 partner stores. Founded as Ebates in 1998 by Alessandro Isolani and acquired and rebranded by Rakuten in 2014, the platform has paid out over $3.7 billion in cash back to its 17 million members. The app notifies users of available cashback when they visit partner stores and automatically activates deals. Rakuten offers a browser extension for desktop that surfaces coupons and cashback at checkout, in-store cashback via linked cards, and exclusive member deals. Users can cash out earnings via PayPal or check every quarter. Rakuten also features price comparison tools, deal alerts, and a referral program that rewards both parties.
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