Pi-xcels, an interactive e-receipt technology company, has announced the completion of its second funding round, securing $2.7 million in investment. This round was led by Headline, with continued participation from existing backers such as Wavemaker Partners, Hustle Fund, and various angel investors. With the new capital raised, Pi-xcels aims to accelerate its global expansion by strengthening its footprint in Europe, Japan, and Southeast Asia while also venturing into the U.S. market.
The funds will support the company’s efforts to expand partnerships and enhance its proprietary NFC-based technology. This funding round builds on the momentum of Pi-xcels’ successful seed round, where the company raised $1.7 million. Since then, Pi-xcels has achieved significant milestones, forging alliances with global partners and integrating with prominent global payment leaders like Ingenico, Pax, Newland, and Castles.
Pi-xcels’ second funding round success
The company has expanded its presence in key markets, including Japan, Southeast Asia, and Europe. Pi-xcels is transforming retail transactions with its app-less, NFC-enabled e-receipt technology, providing merchants with a powerful way to enhance customer experiences and gain valuable insights.
The company’s frictionless solution allows customers to receive digital receipts with a simple tap, offering a seamless and engaging alternative to traditional receipts. With rising demand, Pi-xcels is focused on scaling its solution, safeguarding its technology, growing its team, and building strategic partnerships. These efforts aim to establish a new industry benchmark for digital receipts in retail.
Akio Tanaka, Founding Partner at Headline Asia, shared, “Pi-xcels is pioneering a global shift in retail tech, transforming what was once primarily a transaction into a meaningful touchpoint. With a proven track record across Asia and sights set on Europe and the U.S., Pi-xcels has built a flexible model for rapid international expansion—an ideal match for Headline Asia’s mission to support scalable solutions that address real-world challenges on a global stage.”
With plans to expand its partnerships and continue refining its proprietary NFC-based technology, Pi-xcels seeks to lead the retail industry’s transition towards a paperless, data-enriched future.
