The Cash Back App
The Cash Back App is
It supports your selected charity and pays you instant cash back every time you shop at participating local merchants or national brands. Share the app with your friends and receive a passive recurring income whenever they spend.
Instant cash back every time you shop
Attract new customers and keep them loyal
The app donates to your selected charity
The Cash Back App Revenues
For a purchase price of 100$ you get a 3-year license in The Cash Back App. During that time, we promise to pay a royalty of 10% of all sales (revenue) made by The Cash Back App Limited. Our projected revenues are as follows:
Please note: all prices are in Australian Dollars.
The Cash Back App ILO Value
Further to paying you a royalty, at the end of the 3rd year we can either elect to extend the license for another 3 years, convert it to equity should we advance enough to take a public listing on a stock exchange, or buy the ILO back for cash should we conduct a major financing.
ILO Value is the estimated value of your ILO in AUD($), this is calculated using our projected revenue numbers. Therefore if you our revenue projections are realistic and achievable, this is a good estimation of the buy out price you should expect at different stages.
How we'll do it
To achieve our projected revenue, we have laid out our roadmap including our main goals and milestones over the next 3 years.
2015 to 2018 Beta Trials
Beta Trials over 3 years resulted in 15 app versions, 50,000 users, and $1.5m in retail sales via the app.
The app will be officially launched in Australia. ILO funds will be used to support national marketing .
The app will be progressively launched in the USA, Europe, and Asia during 2019.
160,000 ILO units offered at $100 per unit to secure Licensees that will assist us in sharing the app internationally.
The Cash Back App Pty Ltd Team
CEO & Founder
Bruce is a seasoned entrepreneur and has developed businesses across the Retail, Franchise, and Real Estate markets. He has been a long-term investor in technology-based enterprises. His vision for the company is to secure 20 million users by 2020 to create a zero fee Neobank.
Chairman of the Board
With 30 years’ experience as a senior executive for leading international brands, Paul is a turnaround specialist taking enterprises from losses into profit. Paul is an experienced Franchisor and is the founder of Australia’s fastest growing Cosmetic Skin Therapies Franchise.
Chief Technology Officer
David holds dual master’s degrees in information technology and System Security. He has over 15 years’ IT experience in Government and the Private sector. David oversees the company’s e-commerce and mobile wallet capabilities and leads a seasoned team of software engineers.
Dr Ross McKenzie
Chief Customer Officer
Ross has an outstanding record of accomplishment in corporate banking having led teams of over 1,000 employees. His leadership experience extends to the National Australia Bank, Westpac Banking Corporation, ANZ Bank, CBA Bank, AXA, HSBC, Macquarie Bank and Samsung.
Compliance & Risk
John has enjoyed over 40 years of success as a barrister and solicitor. His two passions are helping emerging technologies and property investments. He is the Key Person under AusFirst Compliance Partners Limited AFS Licence and the director in charge of compliance and training.