Flux, the London fintech that offers a platform for banks and merchantsto power digital receipts and rewards, has unveiled its first partnership with an online-only merchant. The London-based company has managed to sign up Just Eat, the online marketplace for takeout food and delivery.
As of today, Just Eat’s U.K. customers will be able to receive digital itemised receipts directly in their Flux-supported banking app immediately after placing an order. At launch, this will include challenger banks Starling and Monzo, with the service rolled out across Flux’s other existing bank partner, Barclays launchpad, later this year.
…Meanwhile, although the current focus remains building receipt infrastructure and on-boarding merchants, Flux’s long term vision is much broader. By bridging the gap between the itemised receipt data captured by a merchant’s point-of-sale (POS) system and what little information typically shows up in your bank statement or mobile banking app, the startup can offer new types of experiences for consumers that go beyond loyalty schemes, and card-linked offers.
In the future this might include letting you easily track your eating out habits, right down to item-level rather than just merchant category, as part of your general health goals. It is in this context that on-boarding Just Eat starts to look a little more interesting.