/Companies

Recepta

Techstars '24

Fairfax, US · Founded 2022 · 25 employees on LinkedIn · 2 known investors

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Recepta develops a digital receipts platform that replaces paper receipts, reducing waste and simplifying the purchase return process for consumers.

Also known as Recepta App · Recepta Inc.

Investors · 2

Company profile

researched Sep 2026

Recepta is a digital receipts company that replaces printed paper receipts with branded electronic receipts delivered at the point of sale. Customers tap their phone on a POS terminal via NFC or scan a QR code to receive a receipt instantly, without providing an email address or phone number. The company states that merchants can activate Recepta on an existing POS terminal or integrate through its API in about five minutes, and that receipts work across payment methods including cash, card and coupon.

Beyond the receipt itself, the platform offers merchants receipt customization to match brand identity, embedded marketing content such as custom messages, coupons and discounts, online ordering links and social media integration, plus analytics covering customer behaviour (by device ID), customer feedback and paperless loyalty programs. Recepta also positions the product around records-keeping use cases such as compliance and tax reporting, streamlined returns and exchanges, and reduced paper and printer costs. Its consumer-facing app supports connecting bank cards, scanning receipts and sharing them with an accountant or tax professional. The company markets to retail, food and beverage, wellness and beauty, and hospitality sectors.

In Azerbaijan, Recepta operates a separate mobile application called Sandıq, available on iOS and Android, which lets users scan purchase receipts to earn entries into weekly and monthly lotteries while also tracking expenses; the app uses surveys and referral programs to drive engagement.

Founding story

Founder Rauf Heydarli previously worked in auditing at EY Azerbaijan and in finance and startup acquisitions roles at Amazon and Hitachi, followed by corporate finance at Lyft. While reviewing engineering-team expense reports at Amazon he repeatedly encountered long CVS paper receipts, which he saw as both wasteful and a missed opportunity for post-purchase engagement between merchants and customers. After earlier ventures, including importing wine from Azerbaijan and Georgia to the United States, he started Recepta in 2022 to convert paper receipts into a digital, data-driven channel.

Business model

Recepta sells its digital receipt platform to merchants, who activate it on POS terminals or integrate via API. The company reports it has only recently begun generating revenue and keeps fixed costs low through automation, operating with a team of about 10.

Merchant-facing platform monetization; the founder states the company has recently started generating revenue while keeping expenses lean.

Traction

The founder reported in March 2025 that revenue had just begun and the team numbered about 10. The Sandıq app in Azerbaijan has surpassed 50,000 downloads on Google Play. Recepta is listed as a partner in Ingenico's solution gallery and says it has held discussions with large retail brands.

Latest developments

A March 2025 founder interview described the shift to POS-provider partnerships, the start of revenue generation, a 10-person team, plans for expansion into markets such as the UK, and the growth of the Sandıq app in Azerbaijan to over 50,000 Google Play downloads.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Recepta positions itself as a privacy-focused alternative to paper receipts for retailers, restaurants and regulated industries, and is listed in Ingenico's partner solution gallery under digital receipt, loyalty and rewards for the USA market. Techstars' job board lists it at seed stage in financial services, fintech, software development and sustainability.

Recepta delivers receipts via NFC or QR without requiring a customer's email or phone number, works across cash, card and coupon payments, and is designed for rapid activation on existing POS terminals or via API in about five minutes.

Technology

Receipts are delivered contactlessly through NFC taps on a POS terminal or QR code scans, with no email address or phone number required from the customer. Merchants integrate either by activating Recepta on a supported POS terminal or through the company's API. The consumer app, distributed via Google Play and Apple's store, supports bank card connection, receipt scanning and sharing, and uses token-based authentication. Recepta is a member of the NVIDIA Inception program.

Go-to-market

After early direct outreach to individual merchants, Recepta shifted to partnership-led distribution through POS providers such as Clover, Ingenico, PAX and Oracle, allowing merchants on those systems to enable the service without individual sales cycles. The company says this approach has opened discussions with large retailers and offers a five-minute API integration for most POS terminals through a partner program.

Merchants including retailers, restaurants and food and beverage businesses, wellness and beauty, and hospitality operators, as well as regulated industries; end consumers use the app to store receipts, track expenses, handle returns and support tax filing.

Geography

Headquartered in Fairfax, Virginia, with locations listed as Reston and Fairfax, Virginia and Lewes and Delaware City, Delaware, and a registered address in Lewes, Delaware. Ingenico lists its geography as the USA. The company operates the Sandıq app in Azerbaijan and has cited the UK as a target market for expansion.

History

Recepta announced its intention to launch a consumer digital receipts app in June 2022, with the announcement datelined Baku, Azerbaijan and the company described as headquartered in Virginia. It initially pursued merchants such as gyms and local shops directly, then pivoted to partnering with POS providers including Clover, Ingenico, PAX and Oracle to reach retailers at scale. Recepta Inc. published a privacy policy effective 11 April 2024 listing a Lewes, Delaware registered address. The company states it won a Business Excellence Award for Most Innovative Digital Receipts Platform in 2024, and it launched the Sandıq receipt-scanning and lottery app for the Azerbaijani market.

Risks & controversies

Recepta cites the operational difficulty of ensuring compatibility across many different POS systems and of shifting merchant behaviour from paper to digital as ongoing challenges.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Employee range (listing)Jan 202511-50
EmployeesMar 202510 people
Funding stageJan 2025Seed
HeadcountAug 202625
Sandıq app downloads on Google PlayMar 202550,000 downloads

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 6

launches, deals, and filings
Mar 2025
Integrations with POS providers Clover, Ingenico, PAX and Oracle

The company pivoted from direct merchant outreach to integrating with POS platforms including Clover, Ingenico, PAX and Oracle to reach retailers at scale.

source ↗

Mar 2025
Sandıq receipt-scanning app for Azerbaijan

Recepta introduced Sandıq, an iOS and Android app for the Azerbaijani market offering receipt scanning, expense tracking and lottery entries; it has exceeded 50,000 Google Play downloads.

source ↗

Jan 2025
Listed in Ingenico Partner Solution Gallery

Recepta appears in Ingenico's partner solution gallery as a digital receipt, loyalty and rewards solution for retail, food & beverage, wellness & beauty and hospitality in the USA.

source ↗

Jan 2024
Business Excellence Award for Most Innovative Digital Receipts Platform 2024

Recepta states on its website that it won the Business Excellence Award for Most Innovative Digital Receipts Platform 2024.

source ↗

Jun 2022
Member of NVIDIA Inception program

Recepta stated it is part of the NVIDIA Inception program.

source ↗

Jun 2022
Recepta announces launch of digital receipt app

Recepta, headquartered in Virginia, announced its intention to launch a consumer app generating digital receipts for retail partners and consumers, citing environmental and cost benefits.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Recepta do?
Recepta is a digital receipts platform delivering NFC- and QR-based receipts at POS checkout for retailers and consumers.
Who are Recepta's investors?
Recepta's investors include Caucasus Ventures, Techstars.
Where is Recepta headquartered?
Recepta is headquartered in Fairfax, US.