Flux -based fintech start-up Flux wants to make paper receipts a thing of the past with its "seamless and intuitive" software platform. Via partnerships with merchants and banks, London , created by two former employees of banking app 100BC , uses an app to bridge the gap between the data from a retailers' point of sale system and the information found on bank statements, and could, the company hopes, become the ultimate loyalty scheme. " 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 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. Via partnerships with merchants and banks, Flux, created by three former employees of banking app Revolut, uses an app to bridge the gap between the data from a retailers' point of sale system and the information found on bank statements, and could, the company hopes, become the ultimate loyalty scheme. "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.