Member Article

Darlington-based online cashback startup launches following £150k investment

247HomeShopping.com, a Darlington-based online cashback company, has officially launched after securing in excess of £150k investment.

The company, which has plans to grow its team significantly in the North East, is managed by father and son entrepreneurs Anthony and Alex Redpath and successful businessman Richard Winhammar.

The website informs users of offers and vouchers whilst shopping online on a variety of sites, whilst logged in to the 247HomeShopping.com account. Offering a unique service, it is the only cashback company to offer free real time deals, a price comparison tool and cashback.

The team aim to gain at least 25% market share within the first three years of trading, when they will then look to expand into the United States of America.

Head of finance, Anthony said: “It’s such an honour to launch another business with my son Alex and Richard after the success of our mail handling business POBoxes.com.

“Whilst working on POBoxes.com, Richard came to us with the original concept of what is now 247HomeShopping.com. Since then we’ve all added to the idea, working on the limitations of current cashback sites, and once perfecting it, Richard invested an incredible £150,000 so we could bring it to life.”

Alex, head of marketing, said: “It has taken almost 18 months to get to this point. A lot of time has gone into making sure it is perfect, so we are very excited to be at this stage and proud to present the finished product.”

Owner Richard, who has founded several successful companies and invests in startups, said: “I’m pleased to be working on what will hopefully be another successful project with Anthony and Alex. We’re confident the public will love it as much as we do!”

Throughout the project, 247HomeShopping.com has worked closely with specialist developers, graphic designers, animation experts, voice over artists and many more professionals. The cashback company will soon be recruiting staff for permanent North East roles for people in order to develop the business further.

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