improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article is an orphan as no other articles link to it . please introduce links to this page from related articles ; try the find link tool for suggestions . october 2015 a major contributor to this article appears to have a close connection with its subject . it may require cleanup to comply with wikipedia s content policies particularly neutral point of view . please discuss further on the talk page . october 2015 learn how and when to remove this template message learn how and when to remove this template message cashcashpinoy type privately held company industry internet founded 2010 founder frederic levy laurent goirand sebastien caudron glecy lopez go headquarters ortigas center pasig city philippines area served philippines key people francis dy services online shopping number of employees 50 2016 website www.cashcashpinoy.com cashcashpinoy is a privately held filipino online shopping website that sells goods services and travels . formerly located at makati the office is now located in joy nostalg center ortigas center pasig city philippines . the website was launched in september 2010 . as of 2015 it has 1.5 million members . 1 the company set up an end to end solution for the philippine market including it specialists sales coordinators graphic designers photographers editors financial & hr customer support logistics marketing ecrm specialists etc. 2 contents 1 history 2 cashcashpinoy.com 3 technology 4 funding 5 digital commerce association 6 awards 7 references 8 external links history edit frederic levy co founder and former ceo of cashcashpinoy the company established a private online shopping club also called flash sales in the country since 2010 ahead of both international and local players . the term cashcashpinoy was coined using the words cash for the discount aspect and pinoy an informal demonym referring to the local filipino people . the company was founded by frederic levy together with 2 other french and a filipino entrepreneur . 3 cashcashpinoy was initially a self funded business together with seed funding from angel investors in uk us israel and germany . 4 on may 13 2011 cashcashpinoy customers pioneered a new type of payment to its members to pay their purchase via 7 connect 7 11 s e commerce payment system . 5 cashcashpinoy has partnered with coins.ph company a bitcoin exchange company to allow purchases using bitcoin . in february 2016 the company had sebastian l hermitte as ceo . 6 during his term he introduced the fast track delivery wherein customers can get the item the same day they purchased it . 7 in august 2016 francis dy joined the company as ceo . cashcashpinoy.com edit the website is a membership based online retail site that uses a flash sales style model . the site offers a wide range of goods and services from fashion home and decor kids electronics lifestyle beauty dining and travel exclusive offers . subscribed customers receive daily email roundups and can pay for goods in a range of ways bank card over the counter finance bitcoin and cash on collection and others while purchased items can be shipped to directly to customers home or can be picked up from a physical cashcashpinoy collection point . 8 everyday the site proposes 10 to 15 new event sales to its members . new sales usually last from 6 to 8 days and also features merchandise from a single brand to small groups of brands . while for services and package tour deal they are featured for 8 to 10 days . 9 according to the company customers have a repurchase rate of 64 % . 10 technology edit cashcashpinoy released revo a new version of its proprietary platform . it handles data from products sourcing and fulfillment to it data analysis content creation fraud management to customer support . recently they launched cashcashlab a new customer feedback programs where company executives and selected members continuously meet via monthly basis to exchange ideas about improving its service for its members . as result from the first session of cashcashlab the company decided to launch cashcashback an exclusive new loyalty program for members which allows them to earn points that are equivalent to cash every time they shop . another previous output is allowing payment for orders via cod . 11 funding edit in 2011 the company received a seed money investment of 300 000 usd mainly from seed money ; in 2012 the company received additional funding of 1 400 000 usd from angel investor from international and filipino successful entrepreneurs . in october 2014 the company has raised 2 000 000 usd from singapore based private equity firm hera capital . 12 to date cashcashpinoy has secured around us 4 million in total financing since establishing operations in 2010 which made it one of the most funded startup in the country . 13 digital commerce association edit cashcashpinoy is a co founder of the digital commerce association of the philippines dcom and frederic levy has served as the vice president of the non profit organization . 14 awards edit in 2015 cashcashpinoy received the golden globe annual award for business excellence in the category best e commerce website . 1 15 references edit a b cashcashpinoy best filipino e commerce website 2015 cashcashpinoy private club shopping in cyberspace how cashcashpinoy found the money trail cashcashpinoy . crunchbase . retrieved october 13 2016 . cashcashpinoy purchases made secure and convenient with 7 connect ceo of the company fast track delivery cashcashpinoy lands 2.25 m to build out the e commerce opportunity in the philippines . why cashcashpinoy made the pivot from selling services to products cashcashpinoy cashes philippines e commerce boom cashcashlab launched hera capital invests us 2m into cashcashpinoy a leading e commerce player in the philippines . cashcashpinoy leading philippines online shopping club releasing revo linkedin year 2015 winners philippines best companies . www.philippinesbestcompanies.org . retrieved 2016 10 13 . external links edit official website retrieved from https en.wikipedia.org w index.php title cashcashpinoy & oldid 744147171 categories online retailersretail companies of the philippinesinternet properties established in 2010hidden categories orphaned articles from october 2015all orphaned articleswikipedia articles with possible conflicts of interest from october 2015 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 13 october 2016 at 11 47 . text is available under the creative commons attribution sharealike license ; 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