Panda Cash Back focuses on cash back commission tech

Panda Cash Back fancies itself as an "rewards website, dedicated to helping you save money on your online purchases." The Novi-based start-up partners with hundreds of brand name companies like Groupon, Adobe, Expedia, GameStop, K-Mart, Best Buy and GNC to help share the rewards and savings from online deals with its customers. "We are giving online shoppers a cash-back rebate from the commission we get on sales," says Mohammed Shaker, CEO of Panda Cash Back. Shaker, a serial entrepreneurial, has a background in Internet marketing. Shaker and his three-person team launched the site earlier this year. So far Panda Cash Back's services are only available online but Shaker hopes to expand into the mobile space in early 2013. The site also launched with 1,000 online store partners. "We're hoping to expand our number of partners to serve the online shoppers," Shaker says. Source: Mohammed Shaker, CEO of Panda Cash Back Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.