Fryda is a digital wallet application that securely stores receipts and product information, allowing users to manage their physical purchases in one centralized location. This solution eliminates the hassle of lost receipts and disorganized paperwork, facilitating easier returns, warranty claims, and second-hand sales.
Funding
$130K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Consumers often struggle to keep track of paper receipts, warranties, and product information, leading to difficulties with returns, warranty claims, insurance claims, and reselling items. This scattered information creates a disorganized post-purchase experience.
Solution
Fryda is a mobile application designed to digitally store and manage receipts and product information in a centralized digital wallet. Users can easily add products after shopping, creating digital product cards that store important receipts, warranty details, and other relevant information. This eliminates the need to search through physical paperwork or emails, providing quick access to product details for returns, warranty claims, insurance purposes, or resale. Fryda aims to create a worry-free and sustainable post-shopping experience by connecting users with product-specific support, repair options, and accessories.
Target Audience
Fryda targets consumers who want a convenient and organized way to manage their purchases and product information, simplifying returns, warranty claims, and reselling.
Features
- Digital wallet for storing receipts and product information
- Ability to add products manually or by scanning receipts
- Creation of digital product cards for easy access to purchase details
- Storage of warranty information, product manuals, and other relevant documents
- Option to connect with businesses for product support, repairs, and accessories
- Notifications for warranty expirations and product updates
- Secure data storage with data encryption