TiQuest provides a cloud-based infrastructure for digital receipts, enabling merchants to eliminate paper receipts and gain real-time insights into their operations. This solution reduces administrative costs for companies and enhances consumer spending categorization, contributing to environmental sustainability by saving trees and reducing waste.
Funding
$230K 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
Merchants in Europe use over 3 million trees annually to print 150 billion paper receipts, costing shops €750 million. These paper receipts contribute to environmental waste and offer limited utility for both merchants and consumers.
Solution
TiQuest provides a cloud-based infrastructure for digital receipts, enabling merchants to eliminate paper receipts and gain real-time insights into their operations. The solution allows consumers to automatically classify spending by categories and products, enhancing financial management. Companies can reduce administrative costs through digital business expense implementations, instantly moving payment data from corporate cards to accounting software. By digitizing receipts, TiQuest aims to reduce environmental impact, saving trees, water, and CO2 emissions.
Target Audience
TiQuest targets merchants, restaurants, and retailers seeking to reduce costs, gain operational insights, and meet consumer demand for digital receipts, as well as consumers and companies looking for better expense management tools.
Features
- Universal hardware solution for merchants that integrates with existing payment systems
- Proprietary algorithm for digitizing paper receipts
- Real-time insights for merchants to improve operations and grow revenue
- Automatic spending categorization for consumers to clean up their finances
- Digital business expense implementation for companies to reduce administrative costs
- Digital menu solution with order and payment at the table