The rise of the FinTech receipt specialist demonstrates the rapid growth of digital payments
In Brief
- Three months after issuing its 500,000th digital receipt, Flux has surpassed 800,000.
- Having started 2019 with fewer than 50,000 receipts delivered it now projects it will hit 1m before the end of the year.
- Flux was also named Web Summit’s No.1 most-requested startup for investors to meet.
What this means
Flux' position - providing digital receipt services connecting banks, payment providers and retailers - further underscores the massive growth of app-based banking and payments in 2020.