Flux

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
EST: 2016
HQ: London
Investors: PROfounders Capital, Anthemis, Force Over Mass, Yarrow Capital, various angels
Status: LIVE
Website: tryflux.com