Pi-xcels founder and CEO Daniel Lim
Pi-xcels, an interactive e-receipt innovator based in Singapore, has announced the close of its second funding round, raising US$2.7 million.
Led by Headline Asia, the round included ongoing support from Wavemaker Partners, Hustle Fund, and angel investors, alongside new contributors such as Shizen Capital and Seedstars International Ventures.
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The new funding will propel Pi-xcels’s global expansion, including strengthening operations in Europe, Japan, and Southeast Asia, and entering the US market. The capital will also support scaling its technology, fostering strategic partnerships, and enhancing its proprietary NFC platform.
This funding builds on the retail tech firm’s US$1.7 million seed round raised in August 2023.
Pi-xcels’s app-free, NFC-enabled e-receipt technology offers merchants an alternative way to enhance customer engagement and access actionable insights. The solution allows customers to receive digital receipts with a simple tap, replacing traditional paper receipts with an eco-friendly, interactive alternative.
Akio Tanaka, Founding Partner at Headline Asia, stated: “Pi-xcels is redefining retail tech by turning basic transactions into valuable customer touchpoints. Their proven success in Asia positions them perfectly for international expansion, aligning with our mission to support scalable, impactful solutions globally.”
Jackson Loo, Principal at Headline Asia, added: “As the software layer on payment terminals, Pi-xcels is primed for global distribution. E-receipts are just the starting point.”
Also Read: Pi-xcels raises US$1.7M funding to take its interactive e-receipt solution to Europe
With demand surging, the Singaporean startup aims to establish a new standard for digital receipts, driving the retail industry towards a paperless, data-rich future.
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