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By January 2018, Honey raised a total of $40.8 million in venture backing. [6] On January 6, 2020, it was acquired by PayPal for about $4 billion. [7] [8] [9] Nearly immediately after PayPal acquired Honey, Amazon claimed to its users that the extension was a
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In December 2019, after the acquisition of Honey (a browser extension which applies online coupons to online stores) by PayPal, Amazon began to warn users that Honey was a security risk. [ 47 ] [ 48 ]
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Consumers can receive the cashback or similar rewards by searching on the cashback program's website, but usually also via its mobile app, via browser plugins.The plugins may also alert consumers to better prices for the same product from the program's participating merchants, or to available discount coupons.
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