refive

refive

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Enables brick & mortar retailers to identify, engage and retain every in-store customer using first party data. Learn more

Financials

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Revenues, earnings & profits over time
EUR2020202120222023
Revenues0000000000000000
% growth-125 %-75 %
EBITDA0000000000000000
Profit0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000
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DateInvestorsAmountRound
-investor investor

$0.0

round
N/A

$0.0

round

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Angel
Total Funding000k

Recent News about refive

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Refive.io is a Berlin-based startup revolutionizing the way businesses handle receipts and customer engagement. The company offers a digital receipt solution that integrates seamlessly with existing Point of Sale (POS) systems. Instead of printing paper receipts, businesses can now issue digital receipts through a simple QR code that customers scan with their smartphones. This not only reduces waste but also enhances customer interaction.

Refive.io primarily serves retail stores, cafes, and restaurants—essentially any business that uses a POS system to process transactions. The market it operates in is the retail and hospitality sectors, focusing on businesses looking to modernize their operations and improve customer retention.

The business model is subscription-based. Clients choose a plan that fits their needs, and Refive.io provides the necessary setup and support to integrate the digital receipt system into their existing POS. The company makes money through these subscription fees, which vary depending on the size and requirements of the business.

Once a business is set up with Refive.io, they can issue legally compliant, branded digital receipts within minutes. This system not only simplifies the receipt process but also opens up new avenues for customer engagement. Businesses can use the digital platform to set up loyalty programs, offer promotions, and gather customer feedback—all of which can be managed through an easy-to-use dashboard.

The benefits are clear: customers prefer digital receipts, businesses save on paper costs, and the environment benefits from reduced waste. Additionally, businesses using Refive.io have reported an 18% increase in revenues within the first six months, thanks to improved customer retention and engagement.

In summary, Refive.io is transforming the retail and hospitality sectors by offering a smart, eco-friendly, and customer-centric solution for digital receipts and engagement.

Keywords: digital receipts, POS integration, customer engagement, loyalty programs, retail, hospitality, eco-friendly, subscription model, customer feedback, revenue growth.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.