So Marvin isn’t replacing our current approach, it’s more like we’re adding another string to our bow. The difficulty we have with talking about what we’re working on is that until the integration has been built and tested, we can’t talk about who we’re working with. So even if we’ve got contracts signed with retailers (which we do), we can’t tell you who until everything’s been completed. The problem with this is that from the outside, it can look like things have stagnated, when the reality is that we’re hiring like crazy and there’s still not enough hours in the day to get everything done!
We wanted to talk about Marvin in the open office because it’s something that we’ve built to complement our current approach and to try to open Flux up to different types of retailers. Although the big retailers - like supermarkets - are used by more people, it’s also true that most Flux users have a favourite local coffee shop or cafe that they frequent regularly, and it’d be great to be able to offer Flux receipts there as well. Resource-wise, it’s not efficient for us to approach individual small business and build custom integrations - but by introducing Marvin, we’re allowing these businesses to on-board with Flux directly with minimal tech work required on our side.
Online retailers are interesting - they’re more likely to have the specific data we need to match transactions more readily available that a traditional bricks-and-mortar retailer, but that in itself doesn’t make building the integration any less complex. Launching with our first online retailer was super exciting for us though, and there’s definitely going to be more to come in the future
And as to your final point - sorry this is so lengthy! - on the banking side, we’re aiming to be in testing with a high street bank and to have launched with another challenger bank by the end of the year. On the retail side, we’re aiming to have another purely online retailer, another quick restaurant, and take a bigger step into fashion before the year’s out. So lots of work for us to crack on with!
I hope that’s helpful - let me know if you’ve got any questions.