But, says the company, even though this is a very tentative first step, the opportunity is huge. London - based fintech start - up Flux aims to make online 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 . " It automatically links receipts to your bank card as you pay . Receipts are stored in the same place your transactions are today , your bank statement , " said CEO Simon Cusden - Smith .
London - based fintech start - up Flux aims to make online 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 . " It automatically links receipts to your bank card as you pay . Receipts are stored in the same place your transactions are today , your bank statement , " said CEO Simon Cusden - Smith .