Letyshops UA

What is Letyshops UA?

Letyshops is a global cashback service that was proudly founded in Ukraine back in 2014. What started as a scrappy local startup in Kyiv has blossomed into one of the leading cashback platforms in the world, now serving over 36 million users across 30+ countries. The company operates as a product tech company that connects shoppers with online stores, returning a portion of the money spent on purchases—essentially making online shopping more profitable and enjoyable for everyday consumers.

Headquartered in Kyiv and Vinnytsia, Ukraine, with additional hubs in Hungary and Spain, Letyshops has become the biggest cashback service in Ukraine, Poland, Spain, and Mexico. The platform partners with over 3,000 stores globally and has helped users save more than $100 million collectively. With a workforce of 201-500 employees (some sources cite around 262 employees), the company has grown significantly while maintaining its Ukrainian roots.

How Letyshops Works

The concept behind Letyshops is straightforward but incredibly appealing: when you shop through their platform at partner stores, you get a percentage of your purchase amount back as cashback. Here's the basic flow:

  • Users create an account on the Letyshops platform
  • They browse through thousands of partner stores across various categories
  • When making a purchase through Letyshops' links, a portion of the transaction comes back to the user as cashback
  • The accumulated cashback can then be withdrawn or used for future purchases

This model benefits everyone involved—shoppers save money, stores gain customers through the platform, and Letyshops earns affiliate commissions that fund the cashback rewards.

Company Leadership and Structure

The company was co-founded by Igor Gnatovsky, who currently serves as CEO, alongside co-founder Marinka Bondaruk and CTO Pavel Bromirsky. This leadership team has steered the company from a small Ukrainian startup to an international player in the cashback and affiliate marketing space. The company specializes in several key areas including cashback services, marketing, advertising, online marketing, CPA (cost per action), affiliate marketing, and IT.

Letyshops operates as a privately held company with reported revenue of approximately $16.9 million, positioning it firmly in the technology, information, and internet industry.

Expansion and Future Plans

What makes Letyshops particularly exciting right now is their ambitious growth trajectory. The company has maintained a strong presence in Eastern Europe while expanding into Western Europe and Latin America. Their footprint now spans from their primary Ukrainian offices in Kyiv and Vinnytsia to operational hubs in Csomád, Hungary, demonstrating their commitment to geographical diversification.

Even more intriguing, the company has hinted at launching "a new legendary product soon," though specific details remain under wraps. This teaser suggests that Letyshops isn't content to rest on its laurels as a cashback service alone—they're looking to innovate and expand their product offerings in ways that could reshape how they serve their massive user base.

TL;DR

Letyshops UA is a Ukrainian-born cashback giant that's gone global, serving 36 million users across 30+ countries since its 2014 founding. The platform partners with 3,000+ stores, has saved users over $100 million, and operates from Ukraine with additional hubs in Hungary and Spain. Led by CEO Igor Gnatovsky and his co-founders, the company employs 201-500 people and generates around $16.9 million in revenue while dominating the cashback markets in Ukraine, Poland, Spain, and Mexico. With hints of a mysterious "legendary product" on the horizon, Letyshops is positioning itself for even bigger things ahead.

Information gathered from public forums or data available on the internet and portrayed here.