Singapore’s iMin Technology, a point-of-sale (POS) firm, recently secured $5M! The investor behind this funding? China’s Yonghua Capital.
- The Buzz: All things digital – be it POS terminals, industrial scanners, or self-service kiosks – are having a moment in the commercial space. According to Future Market Insights, the global POS terminal market is taking a sprint, projected to triple to $180.4B by 2032 from its 2021 figure.
- The Money Talk: A cool $5M is the funding amount, with Yonghua Capital playing the role of the lead investor.
- The Journey: iMin, a proud brainchild of 2018, has already spread across Indonesia, Malaysia, Thailand, Vietnam, and the Netherlands.
- Latest Gadget Alert: The company’s new release is the Swan 1 Pro, an Android-powered POS tool that the company claims can outdo traditional Windows-based devices.
They’ve also unveiled the iMinKit Mobile Device Management platform, a real ally for partners in food delivery, fintech, and SaaS sectors.
