Flux is on a mission to digitise the world's paper receipts. The ambitious London-based team have a software solution that takes receipt data from a merchant's point of sale (POS) and, using a patent-in-process algorithm, matches this to the consumer's payment card in real time and returns this matched data to the consumer's bank. Using this innovative approach Flux are able to provide a route to digital receipts in a way which is completely friction-less: requiring no change in consumer behaviour.

Founders:
Matty Cusden-Ross, Veronique Barbosa, Tom Reay
Founded:
2016
HQ:
London
Investors:
PROfounders Capital, Anthemis, Force Over Mass, Yarrow Capital
Status:
Exited