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Flux - About the company

Flux is a deadpooled company based in London (United Kingdom), founded in 2016 by Veronique Merriam Barbosa, Matty Cusden Ross, Apoorva Thakur and Jared Polidoro. It operates as a Provider of card payment linked loyalty schemes and marketing solutions. Flux has raised $10.8M in funding from investors like Techstars, PROfounders Capital Partners and Headline, with last known valuation of $*****. The company has 226 active competitors, including 57 funded and 32 that have exited. Its top competitors include companies like Quotient, Extend and Affinity Solutions.

Company Details

Flux provides card payment-linked loyalty schemes and marketing solutions to banks. The solution is offered via mobile banking apps; the user when paying via their bank cards receives a digital receipt and reward or loyalty points. It also provides app engagement by linking transaction details with item-level receipt information. It allows retailers to create a single customer view and understand customers' shopping habits.
Social
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Email ID
*****@tryflux.com
Key Metrics
Founded Year
2016
Location
Stage
Deadpooled
Total Funding
$10.8M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 20, 2018
Investors
Ranked
Employee Count
4 as on Sep 30, 2026
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Flux's funding and investors

Flux has raised a total funding of $10.8M over 4 rounds. Its first funding round was on Jan 18, 2017. Its latest funding round was a Series A round on Jan 29, 2020 for $*****. 1 investor participated in its latest round. Flux has 11 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of Flux:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 29, 2020
7666075
Series A
4098860
6116975
6947221
3472142
Dec 19, 2018
6222518
Series A
2721696
4315337
5906558
Jun 26, 2017
3861462
Seed
6592100
1053805
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Flux's founders and board of directors

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Here are the details of Flux's key team members:

Flux's Board of Directors

Flux's board has 6 active members. Veronique Merriam Barbosa, Matty Cusden Ross, Rogan Angelini-Hurll and Tom Reay are part of team and Andreas Haug and Yann Marie Ranchere are independent board members.
Here is the list of Flux's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 9m
Team
-
Current
10y 9m
Team
-
Current
9y 9m
Investor
PROfounders Capital Partners
Current
9y 0m
Independent board member
-
Current
7y 8m
oblvfqo
Independent board member
-
Current
5y 2m

Flux's employee count trend

Flux has 4 employees as of Sep 26. Here is Flux's employee count trend over the years:
Employee count trend for Flux
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Flux's Competitors and alternates

Top competitors of Flux include Quotient, Extend and Affinity Solutions. Here is the list of Top 10 competitors of Flux, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Quotient
Quotient
1998, Cincinnati (United States), Acquired
Provider of retail media networks digital incentives and advertising technology
$250M
66/100
2nd
Logo for Extend
Extend
2017, New York City (United States), Series B
Provider of virtual credit cards and spend management platform for businesses
$88.8M
64/100
3rd
Logo for Affinity Solutions
Affinity Solutions
2005, New York City (United States), Series B
Provider of consumer purchase insights and card-linked engagement solutions
$68.5M
63/100
4th
Logo for ActiveViam
ActiveViam
2005, New York City (United States), Acquired
Cloud based data analytics and decision support software for financial services industry
-
62/100
5th
Logo for Kard
Kard
2015, New York City (United States), Acquired
Network providing transaction data to facilitate personalized consumer reward programs
$38M
59/100
6th
Logo for Cardlytics
Cardlytics
2008, Atlanta (United States), Public
Provider of card-linked marketing platform and retail media network solutions
$178M
59/100
7th
Logo for Datamaran
Datamaran
2014, London (United Kingdom), Series C
Provider of an AI platform for environmental, social, and governance insights
$53.6M
58/100
8th
Logo for Cartera
Cartera
2005, Lexington (United States), Acquired
Cloud based platform offering card linked customer loyalty
$51.2M
58/100
9th
Logo for RavenPack International
RavenPack International
2003, New York City (United States), Series B
Provider of news analytics, datasets, and technology for data-driven companies
$35M
57/100
10th
Logo for FMG Suite
FMG Suite
2011, San Diego (United States), Acquired
Omnichannel marketing platform for the financial industry
-
56/100
28th
Logo for Flux
Flux
2016, London (United Kingdom), Deadpooled
Provider of card payment linked loyalty schemes and marketing solutions
$10.8M
45/100
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Flux's Investments and acquisitions

Flux has made no investments or acquisitions yet.

Reports related to Flux

Here is the latest report on Flux's sector:

News related to Flux

lockFilter this list
•
Dozens adds in-app digital receiptsFinextra•Jul 05, 2021•Dozens, Flux
•
Flux signs H&M to digital receipts platformFinextra•Oct 16, 2020•Flux, H&M
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