Flux
closedDate | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Support Program | ||
$120k | Seed | ||
* | $1.5m | Seed | |
* | $7.5m | Series A | |
N/A | N/A | Early VC | |
Total Funding | €8.3m |
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EditFlux is a fintech company focused on digitizing receipt data and providing instant cashback offers. It operates in the digital payments and retail sectors, serving both consumers and retailers. The company partners with banks to integrate its API into banking apps, allowing users to receive digital receipts and cashback offers directly in their banking interface. Retailers benefit from increased sales through the offers platform and enhanced customer engagement. Flux's business model revolves around transaction fees and partnerships with financial institutions and retailers. The company generates revenue by charging fees for each transaction processed through its platform and by offering premium services to its partners. Flux aims to make shopping more sustainable and efficient by eliminating paper receipts and providing real-time rewards.
Keywords: fintech, digital receipts, cashback, banking API, retail integration, sustainable shopping, transaction fees, customer engagement, offers platform, financial institutions.