Flux
Flux is a mobile point-of-sale credit platform that lets small and medium-sized businesses in Mexico offer installment payments to customers without requiring credit cards or additional hardware. Customers apply for credit from their own smartphones, while merchants receive direct bank deposits weekly and pay a flat 6% + IVA commission per transaction. The platform integrates with financing partners including Kueski, Aplazo, Coppel Pay, and Mercado Pago.
- Financial Technology
- Retail Technology
- Software Only
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Many small and medium-sized businesses lose sales because customers cannot afford to pay the full price upfront and do not have access to credit cards or other financing options. Traditional point-of-sale credit solutions require expensive terminals, complex integrations, and often exclude businesses without established banking infrastructure.
Solution
Flux provides a mobile point-of-sale credit solution that lets merchants offer installment payments to customers without requiring credit cards or additional hardware. Customers apply for credit directly from their own phones, choose the repayment term that works best for them, and if approved, complete the purchase instantly. Merchants receive their sale proceeds directly in their bank account, paying only a small commission per transaction, with no risk of non-payment. The platform operates entirely from a single mobile app, eliminating the need for terminals or specialized equipment. Flux also provides sales guides, marketing materials, and a unique QR-code signage kit to help merchants promote the credit option to their customers.
Target Audience
Primary customers are small and medium-sized retail businesses in Mexico that want to increase sales by offering installment payment options to customers who lack credit cards or prefer flexible payment terms.
Features
- Mobile-first application process where customers apply for credit and select repayment terms from their own smartphones
- No hardware required—merchants operate entirely through a single mobile app available on iOS and Android
- Direct bank deposits for merchants, with funds received on a weekly schedule (Tuesdays for sales from the prior Monday through Sunday)
- Flat commission structure of 6% + IVA per transaction, with no setup costs or monthly fees
- Integration with multiple financing partners including Kueski, Aplazo, Coppel Pay, and Mercado Pago
- QR-code signage kit unique to each business, plus printable materials and sales guides to drive customer awareness