FinovateSpring 2017 / Microblink Ltd

Presenter Profile:

How they describe themselves: Microblink is R&D company focused on proprietary machine vision, specifically, real-time text recognition (OCR) for mobile devices. Microblink develops SDKs designed to improve UX in apps by replacing manual input. By turning a mobile camera into data catcher, Microblink offers scanning ID documents, payment slips, bills, scratch cards, TOP-UP, SIM card, VIN, etc. All solutions are simple to integrate into any app, designed to client’s needs, and work offline. The technology is based on the most advanced neural networks and machine learning to provide fast and accurate text recognition. Microblink is famous for developing Photomath app – real-time math solver that has 50M+ downloads and the first in the world that recognizes handwriting.

How they describe their product/innovation: BlinkReceipt is a real-time retail receipt scanner for mobile apps. The SDK provides extraction of all purchase data (meaning each item bought) from retail receipts in real-time. The solution runs locally on a device, has high accuracy, scales infinitely, and is the most cost-effective way to collect consumer purchase data. BlinkReceipt can be used for purchase validation, loyalty and rewards programs, consumer panels/market research, and personal finance/lifestyle management, amongst other things. Currently, SDK supports receipt scanning for the top US retailers and we plan to increase US coverage and expand internationally by the end of 2017.

Product distribution strategy: Direct to Business (B2B), through other fintech companies and platforms, licensed


Bus. Dev.: Izet Ždralović, Co-Founder & SMD,, +385 99 6000 575
Press: Nina Šuljak, Marketing Manager,, +385 99 210 1171
Sales: Tijana Žganec, KAM,, +385 95 5122 511

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