London-based fintech start-up Flux wants to make paper receipts a thing of the past with its "seamless and intuitive" software platform. Flux is founded by three ex-Revolut employees To be clear, this isn’t digitising paper receipts with OCR, but — by partnering with merchants, their payment processor/POS systems, and banks — making item level receipts digital in the first place. The company is working on an app that will allow users to scan their receipt into any app, including Google Wallet, Apple Pay, Samsung Pay or Android Wear. Flux automatically links receipts to your bank card as you pay. Receipts are stored in the same place your transactions live today, your bank statement," said CEO Matty Cusden-Ross.
London-based fintech start-up Flux wants to make paper receipts a thing of the past with its "seamless and intuitive" software platform. The company is working on an app that will allow users to scan their receipt into any app, including Google Wallet, Apple Pay, Samsung Pay or Android Wear. Flux automatically links receipts to your bank card as you pay. Receipts are stored in the same place your transactions live today, your bank statement," said CEO Matty Cusden-Ross.