Flux

Delivering instant cashback for customers and unlocking sales growth for retailers through the magic of digital receipts

General Information
Company Name
Flux
Founded Year
2016
Location (Offices)
London, United Kingdom +1
Founders / Decision Makers
Number of Employees
5
Industries
Big Data, Finance, Financial Services +1
Funding Stage
Series Unknown
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Flux - Company Profile

Flux is a fintech startup based in the United Kingdom, established in 2016. The company is focused on delivering instant cashback for customers and driving sales growth for retailers through digital receipts. Flux is supported by prominent London VC firms, PROFounders and Anthemis, and received a Venture Round investment on 29 January 2020 from Barclays Corporate Banking. Flux's mission is to revolutionize the use of receipt data, aiming to eliminate paper receipts and leverage 21st-century technology for a comprehensive record of in-store purchases. The startup has formed partnerships with major banks such as Barclays, Monzo, Starling, and DozensKFC, JustEat, H&M, and Itsu. Moreover, Flux has introduced Flux Offers, the UK's first instant cashback offers platform, providing a rapid cashback process for customers and offering a streamlined 10-minute sign-up procedure for retailers. As a regulated and authorized Account Information Service Provider under Open Banking regulations by the FCA, Flux presents an innovative and compliant approach to financial services and data management within the fintech landscape. The company's initiatives align with the growing emphasis on digital solutions in transforming traditional financial processes. For further information, individuals can access Flux's instant cashback offers at web.tryflux.com and retailers can explore partnership opportunities at tryflux.com/retailers. Those interested in career opportunities with Flux can visit https://tryflux.com/careers.

Taxonomy: Digital Receipts, Retail Technology, Sales Growth, Loyalty Programs, Open Banking, Payment Data, Cashback Offers, Customer Insights, Regulated Services

Funding Rounds & Investors of Flux (4)

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Funding Stage Amount No. Investors Investors Date
Venture Round Unknown 1 Barclays Corporate Banking 29 Jan 2020
Series A $7.50M 3 19 Dec 2018
Seed Round $1.50M 4 12 Sep 2017
Seed Round $120.00K 2 Theo Osborne 01 Jan 2017

Latest News of Flux

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No recent news or press coverage available for Flux.

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