Chris Purdie
Founder
Receiptable
Receiptable provides digital receipts in real-time directly to users' banking apps, eliminating the need for paper receipts and manual expense tracking. This technology enhances transaction transparency and simplifies returns, warranty claims, and expense management for consumers and businesses alike.
- Applications
- Enterprise Software
- Financial Technology
- Software Only
Updated 23 months ago
Funding
Raised to date
$780KRaised 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.
Funding rounds are not available yet.
Founders
Ahmad Alalwash
Founding Engineer
Product
Problem
Traditional paper receipts are easily lost, contribute to environmental waste, and offer limited utility for consumers and businesses beyond basic transaction records. Consumers lack a centralized, digital repository for managing receipts, hindering expense tracking, returns, and warranty claims. Businesses struggle to gather detailed customer insights from point-of-sale data and face challenges in delivering targeted loyalty programs.
Solution
Receiptable provides a platform that delivers digital receipts directly to consumers' existing banking applications, eliminating paper waste and enhancing transaction data accessibility. By integrating with banking infrastructure, Receiptable automatically captures and organizes receipt data, offering consumers a seamless way to manage expenses, track purchases for returns or warranties, and simplify VAT or tax-related tasks. For banks, Receiptable enriches their mobile apps with valuable customer insights, reduces fraud queries through detailed transaction records, and promotes sustainability initiatives. Retailers benefit from enhanced customer understanding, streamlined checkout processes, and the ability to deliver personalized loyalty rewards directly through the banking channel.
Target Audience
Receiptable targets banks seeking to enhance their mobile app functionality and customer engagement, retailers looking to improve customer insights and loyalty programs, and consumers desiring a convenient, digital solution for managing receipts and expenses.
Features
- Direct integration with banking apps to deliver digital receipts without requiring new user accounts or QR code scans
- Automatic capture and organization of line-item details for each transaction
- Secure, cloud-based storage of receipts accessible via the user's banking app
- Export functionality for integrating receipt data with accounting software for expense management
- API for banks to access anonymized transaction data for customer insights and fraud prevention
- Platform for retailers to deliver targeted loyalty rewards and cashback offers based on purchase history
- Carbon offsetting options, allowing consumers to track and offset the environmental impact of their purchases