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Monday 04 March 2019 8:01 am  |  Updated:  Monday 03 June 2019 1:26 am

KFC taps London fintech startup Flux for paperless payments

KFC has launched a partnership with London fintech startup Flux which will see the US fried chicken chain go paperless.

From today, users of digital banks Monzo and Starling, as well as select Barclays customers in the near future, will be able to receive digital itemised receipts for transactions in their banking apps when they shop at KFC.

Read more: Fintech firms to face fresh wave of regulatory scrutiny

Flux said it will also be powering a KFC rewards scheme, where users will automatically collect KFC points and rewards when they pay with their bank card.

KFC UK and Ireland loyalty manager Hazell White said: "This is a really exciting new collaboration for us. We’re always looking to make things easier in our restaurants – both for our teams and our customers – so we’re continually exploring new technologies that we can invest in to help."

The startup, an alumni of the Barclays Techstars accelerator and founded by former Revolut employees, holds similar tie-ups with food retailers such as Eat, Costa Coffee and Itsu.

Read more: Snoop Dogg fintech Klarna in £82m fundraising round

KFC said it is hosting a giveaway of one month’s worth of KFC to 100 people, valued at £360, across London, Birmingham and Manchester this week to celebrate the news.

"We’re incredibly proud to announce our partnership with KFC," said Matty Cusden-Ross, chief executive and co-founder of Flux.

"Their mission to create fast and friendly restaurants neatly overlaps Flux’s obsession with seamless experiences which add no extra time at checkout."

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