Cash Back was founded in 1988 in Sweden. Cash Back offices in Finland, France, Norway,
Switzerland and the UK were founded shortly after.

In 1994 United Cash Back was formed as the Franchisor and since then the Cash Back
network of franchisees has expanded in many more countries.

In every consecutive year since 1994:

• The number of Cash Back clients has grown

• The volume of VAT refunded has increased