Flux, established in 2016, is a dynamic startup operating at the intersection of Big Data and Fintech industries. With its headquarters in the United Kingdom, this company is pioneering the digitization of receipt data. Their compelling slogan emphasizes its dual offering: "Delivering instant cashback for customers and unlocking sales growth for retailers through the magic of digital receipts."
This innovative approach is backed by significant partnerships with major banking institutions like Barclays, Monzo, and Starling, as well as noteworthy retailers such as KFC, JustEat, and H&M. Flux's venture, Flux Offers, streamlines the cashback process, a distinctive shift from conventional methods, presenting a valuable marketing tool for retailers.
The company attracted a Venture Round investment on 29 January 2020 from Barclays Corporate Banking, showcasing strong investor confidence. Notably, Flux is fully regulated under the FCA, enhancing its credibility within the fintech landscape.