Meet epap.app, they want to re-invent receipts
In Europe you can pay with your phone or your watch, but you will still get a paper receipt.
Jannis Dust, CMO and Co-Founder epap.app
The FounderJannis (https://www.linkedin.com/in/jannisdust/, https://twitter.com/jannisdust, ) is in his early 20s, but already the co-founder of Hannover, Germany based fintech Epap (https://epap.app/). Originally Jannis was working on a freelance basis for eCommerce startups, but in 2018 he met his co-founders during a startup event.
In Germany the tax code demands to print a receipt for every transaction. This leads to a lot of waste.
Jannis Dust, CMO and Co-Founder epap.app
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With the app you could also track your spending. It is a companion of your spending. … with the app you get an evaluation on your spending.
Jannis Dust, CMO and Co-Founder epap.app
The StartupThe startup is young, it was registered in the Hannover Commercial Registry in April 2020. None-the-less epap.app (https://epap.app/) wants to digitize recipes. In Germany, the tax regulations were changed at the start of 2020. This is called “the obligation to print receipts”. So for each transaction in a store or shop, the merchant needs to provide a receipt, mostly paper-based. This leads to a lot of waste and searching if one needs to find an important receipt in order to claim the warranty. Here the digitalization of epap comes in, since one has all receipts (digital and scans of paper-based ones) in one place, even with little reminders for warranties.
The Epap AppYou can download the epap app in the Apple and Google Stores here: Google Play and App Store
With the app you can also claim the warranty, where you can use epap … we make it easier. You get little reminders for your warranty.
Jannis Dust, CMO and Co-Founder epap.app
Venture Capital FundingEpap is looking to expand to German-speaking Europe and willing to try other European countries if the opportunity presents itself.
They had their first seed investment round in April 2020 and are planning to raise the next financing round in the first half of 2021, but it will be an extended seed round, they do not plan to scale that fast.
Currently, the team is eight people strong.
Our goal is to provide you with a very comprehensive and granular analysis of your expenses. In a normal finance apps, you see the category. In our app the analysis is based on the digital receipt.
Jannis Dust, CMO and Co-Founder epap.app
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Meet Epap.App, they want to re-invent receipts