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Why the Cashrewards (ASX:CRW) share price is charging higher today

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The Cashrewards Pty (ASX: CRW) share price is pushing higher on Friday morning following the release of a trading update.

At the time of writing, the cashback rewards platform provider’s shares are up 3% to $2.03.

What is Cashrewards?

Cashrewards is a recently listed cashback centred e-commerce ecosystem. It allows its members to browse brands and offers and receive cashback on transactions by shopping online or in-store.

At present, it has over 800,000 members and is providing them with a broad array of cashback offers via its 1,500+ merchant partners.

These partners include Adidas, Amazon.com.au, Apple, Booking.com, Cellarmasters, Chemist Warehouse, Dan Murphy’s, Dell, Expedia, Myer Holdings Ltd (ASX: MYR), Nike, The Iconic,…



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