It’s been a grand week for Finland’s ReceiptHero. The corporate introduced a number of days in the past that it was teaming up with SEB Kort to have its digital receipt performance built-in into SEB Kort’s company card, Eurocard. Then, we discovered that ReceiptHero had inked a cope with fellow Finovate alum ETRONIKA that may allow the launch of the primary e-receipt resolution within the Baltic area. The brand new providing will enable ETRONIKA’s enterprise prospects to make use of their KASU retail community administration system and ReceiptHero’s know-how to situation digital receipts to their prospects.
“ETRONIKA has constructed a really fashionable retail chain administration and POS product and we’re thrilled to be partnering on a wider partnership that enables us the preliminary steps of constructing out the Baltic ecosystem.” ReceiptHero CEO Joel Ojala mentioned.
Immediately comes extra information from the Finland-based fintech. Courtesy of an funding from VC Lifeline Ventures, Superhero Capital, and Vidici Ventures of Sweden, ReceiptHero has picked up $2.43 million (€2 million) in seed funding.
“We’re making some actual strides now with retailers and potential financial institution companions,” Ojala mentioned. “We’ve hit an inflection level the place banks perceive the potential of digital receipts and worth for his or her prospects. For retailers they really feel secure with ReceiptHero defending their buyer information and fee info.”
Rising curiosity in ReceiptHero’s know-how, which transmits digital receipts from retailers on to buyer banking or account apps, comes as Finland’s authorities has decreed that digital receipts might be obligatory by 2025. Finland launched a digital receipt pilot mission in 2019 that noticed greater than 50,000 state employees buying completely with retailers utilizing ReceiptHero’s platform.
ReceiptHero made its Finovate debut earlier this 12 months at FinovateEurope in Berlin. Headquartered in Helsinki, the corporate can be partnered with Nordea, integrating its know-how with the financial institution’s Nordea Pockets providing originally of final 12 months. Different latest ReceiptHero companions embrace SKJ Methods, Diebold Nixdorf, and world IT system integrator CGI.
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