OverviewSuggest Edit
Flux automatically links receipts to one's bank card and sends them to a smartphone. One can pay with its bank card at any store in the Flux network and get receipts and rewards in real-time in a banking app. It is a two-sided product and acts as the bridge between retailers and consumers.
| Type | Private | |
| Founded | 2016 | |
| HQ | London, GB | Map |
| Website | tryflux.com |
Latest Updates
| Employees (est.) (Jun 2021) | 39 | (+6%) |
| Cybersecurity rating | A | More |
Flux Financials and Metrics
Summary Metrics
Founding Date | 2016 |
Flux total Funding | $9.1 m |
Flux latest funding size | $7.5 m |
Time since last funding | 2 years ago |
Flux investors | e.ventures, PROfounders, Chris Adelsbach, Techstars (Barclays Accelerator, Force Over Mass, Anthemis, London), Yarrow Capital, Fidel Manolopoulos, Alex Hoare, Rosemary Forsyth |
Flux's latest funding round in December 2018 was reported to be $7.5 m. In total, Flux has raised $9.1 m
Flux Revenue
Cash (30-Nov-2018) | 213.1k |
| GBP | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|
Cash | 100.0 | 904.5k | 213.1k |
Accounts Receivable | 40.9k | 120.9k | |
Current Assets | 100.0 | 1.0m | 436.0k |
| FY, 2016 | |
|---|---|
Financial Leverage | 1 x |
Flux Cybersecurity Score
Flux Online and Social Media Presence
3.95k Twitter followers
Flux has 3.95k Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 1.6% quarter over quarter
Flux's Trends
Twitter Engagement Stats for @tryflux
1.4k
Tweets
441
Following
4k
Followers
1
Tweets last 30 days
1
Avg. likes per Tweet
100%
Tweets with engagement
Flux News and Updates
August 07, 2018
Flux seals paperless receipts trial with Itsu
Today Flux announces the trial launch of their paperless receipts across all 72 itsu stores in the U...
August 07, 2018
Flux partners with fast food merchant itsu for itemised paperless receipts
Flux, the London fintech that has built a software platform to offer merchants digital receipts, loyalty, card-linked offers and analytics, continues to sign new partnerships in a bid to solve its ‘chicken and egg’ problem. That is, it needs bank integrations to sign up merchants and it needs mercha…
July 19, 2018
New Infrared LEDs Give Security Cameras Better Illumination
Osram Opto has introduced new lighting devices that cut costs and size for CCTV systems.
July 13, 2018
LED Research Project Yields New Concepts in Packaging Technologies
The results of the project could lead to new innovations in large-format video walls as well as ambient lighting and sensor systems.
May 02, 2018
Tacky Solder Flux Market 2025: Trends and Growth, Segmentation and Key Companies
The global Tacky solder flux market is segmented on the basis of type and application. Based on the type, the global Tacky solder flux market is bifurcated as no-clean, water-soluble, and others. Posted via Industry Today. Follow us on Twitter @IndustryToday
Flux Blogs
April 22, 2021
Paper receipts are standing in the way of net-zero. It’s time for a change.
We’ve come a long way, but it’s not enough — net-zero will remain a pipedream unless we drastically change our patterns of consumption.Paper receipts probably aren’t the first thing that comes to mind when you think about carbon emissions. But, new research from the Carbon Trust has revealed that pa…
March 23, 2021
Navigating Data Ethics in an increasingly connected world
In today’s data-driven world, the most successful retail businesses are those that recognise the power of using customer data to guide their wider business strategy.As an industry, we know more about our customers than ever before and personalised customer experiences are fast becoming the norm. But…
March 10, 2021
PAPER RECEIPTS COST UK SHOPPERS £0.5 BILLION IN LOST RETURNS
Flux, the digital receipts data platform, can reveal that a fifth (20%) of shoppers have been unable to return something after losing or damaging a paper receipt — leading to a national loss of £558 million.Shoppers lost an average of £54 each the last time this happened to them, with some claiming …
March 09, 2021
#IWD2021 profiles: Kat Vetrakova, Senior Compliance Manager
What are some of the challenges you think women face in tech?Working in an industry that is seen as male oriented, I think lots of women feel that they need to prove themselves or become less authentic to themselves to fit in.Why do you think fewer women than men are entering the industry?Generally …
March 09, 2021
#IWD2021 profiles: Elina Sokolovska, Senior Product Manager
What are some of the challenges you think women face in tech?Firstly, a lot of tech companies have a very small percentage of female employees, and so walking in a room full of men and being one of the very few women can be intimidating. If you’re joining a company with 90% of men, you will be joini…
March 08, 2021
#IWD2021 profiles: Samantha Lind, Customer Lead
What are some of the challenges you think women face in tech?It comes across as a very masculine industry — not just in terms of the skewed demographics, but also in the attitudes that permeate the industry. By this I mean things like, “move fast and break things” and “better to ask for forgiveness …
Flux Frequently Asked Questions
When was Flux founded?
Flux was founded in 2016.
How many employees does Flux have?
Flux has 39 employees.
Who are Flux competitors?
Competitors of Flux include Paycado, Sepulsa and VNPT EPay.
Where are Flux offices?
Flux has an office in London.
How many offices does Flux have?
Flux has 1 office.
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