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Startup Flux ties up with Barclays for pilot

 London fintech startup Flux is partnering with Barclays Bank to do a pilot on its itemized receipt technology. The pilot will cover some 10,000 customers of the bank. Flux was founded by former early employees at Revolut and has built a software platform that bridges the gap between the itemized receipt data captured by a merchant’s POS system and what little information typically shows up on the bank statement or mobile banking app. Flux said Barclays customers taking part in the trial through the Barclays Launchpad app will see their receipts in real time, including all purchases, with VAT, delivered directly to the app. On the merchant side, the trial will provide the ability for merchants, via integration through their POS devices to issue digital receipts to any customer.

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