Warrify receives investment of EUR 150,000

Austria-based digital receipts fintech Warrify has received an investment of EUR 150,000.

With its platform, Warrify aims to save users from physically storing receipts. There is a possibility for B2B customers to issue virtual invoices by having their customers scan a QR code. The storage of the virtual receipt is to be simplified via the platform in the event of a warranty claim. warrify gives the retailer the opportunity to communicate relevant offers and services to their customers directly via the receipt. According to a Warrify representative, the smart receipt will be a marketing channel for retail companies in the future. 

At the start of 2022, the company’s plan is to expand beyond the DACH region into the international market with both their existing and new customers. Warrify also plans to conclude a seed financing round for the expansion. The first part of this is EUR 150,000, which the startup has received as one of six selected candidates after participating in the Swiss FinTech Accelerator F10. The Swiss financial services company SIX and the insurer Generali Switzerland are behind the investing fund.