7 years ago
Flux Raises €6.6 Million to Bring Receipts into the Digital Age
Flux, a London-based fintech startup, has raised €6.6 million in Series A funding led by e.ventures, with participation from existing investors PROfounders and Anthemis
Flux provides digital receipts and loyalty rewards by linking them to payment cards and banking apps, giving customers an easier way to keep track of their spending
The company is currently available for customers of Barclays via Launchpad, Starling Bank, and is doing a pilot with Monzo Bank
Flux counts partners like Pure, Costa Coffee, EAT., pod and itsu
The company expects to significantly increase its share of the UK’s card transactions in 2019 as new bank and retail partners join the platform.
ProblemFinancial Services
"making paper receipts obsolete and benefiting from digital receipts in a digital age"
Solution
"Flux provides digital receipts and loyalty rewards by linking payment cards and banking apps, enabling customers to track their spending more easily"