Items delivers digital receipts to consumers directly in their banking app and provides services around that data to retailers and banks. It is secure, anonymous and free for all consumers.

The main idea underlying Items' business model is that banks and retailers' data are the scattered pieces of one puzzle. By bringing together the banks' transaction data (which is personal but aggregated) with the retailers receipt data (which is scattered but thorough and itemized) both banks and retailers would increase its' value tenfold. Our mission is to build the secure and anonymous platform that brings that data to life by providing a valuable service to consumers.

In the increasingly competitive space of banking and payment applications, banks face more than ever the threat of being turned into the dumb transaction repository that feeds the back-end of better UX apps. In this context, building new services around the digital receipt can represent a substantial competitive edge allowi...
Items delivers digital receipts to consumers directly in their banking app and provides services around that data to retailers and banks. It is secure, anonymous and free for all consumers.

The main idea underlying Items' business model is that banks and retailers' data are the scattered pieces of one puzzle. By bringing together the banks' transaction data (which is personal but aggregated) with the retailers receipt data (which is scattered but thorough and itemized) both banks and retailers would increase its' value tenfold. Our mission is to build the secure and anonymous platform that brings that data to life by providing a valuable service to consumers.

In the increasingly competitive space of banking and payment applications, banks face more than ever the threat of being turned into the dumb transaction repository that feeds the back-end of better UX apps. In this context, building new services around the digital receipt can represent a substantial competitive edge allowing banks to morph their app into a real digital wallet (personal finance services, expense notes, etc.). There has never been a better time to launch such an offer than now.

Our offer is built around the rich itemized data of digital receipts. Thanks to a secure access to consumers’ account through a partnership with banks, Items is able to match each captured receipt with the corresponding banking transaction. We articulate our proposition around a CRM portal deployed in SaaS mode for retailers. The latter comprises two layers :

1. An anonymized data analytics engine, providing a 360° overview of customer purchase behavior with the killer feature of tying off-line transactions to on-line purchases effortlessly.
2. A portal for the configuration and management of loyalty and reward programs deployed directly through the communication channel encapsulated in Items' digital receipts. 

A natural extension is to provide similar solutions to wholesale brands that don’t have a direct access to their customers. We are indeed well positioned to provide them with unique insights on their customer base, as well as the means they are so desperately missing, to target the latter with customized and contextual offers.
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Employees

Michel Apostolou
Admin
Michel Apostolou CTO Curious and detail oriented Software Engineer. Love functional programming and lisp. Proponent of simplicity, team work and design thinking.

Recommendations

Renaud Boutet COO at logmatic.io

Michel is a former classmate at Supelec and Georgia-Tech and a close friend of mine.
I know Michel since 2003, when we were together students at Supelec. He is a very smart person that analyses and understands quickly things. He also reasons swiftly, and has good and original ideas. He is a perfectionist (I remember back to Supelec spending nights coding in Matlab a “parallel project” with him on the traveling salesman problem).
He is hard-working, enthusiastic and passionate, and can easily convince several people (or friends) to do something with him.
He is also a humble person and doesn’t hesitate to trust others and solicit for help or advice. He consulted me, as an former entrepreneur, several times on his new project either on particular point in the business model or on more “technical” on start-up founding in Paris. To conclude I think that Michel has great entrepreneurial and human skills and I strongly recommend him to the Tech Stars acceleration program.