Sep 11, 2023

As demand for digital commercial devices like point-of-sale terminals, industrial scanners, and self-service kiosks continues to grow globally, Singapore-based point-of-sale (POS) device provider iMin Technology announced on Sunday that it recently secured $5 million in Series Pre-A funding led by Yonghua Capital. In keeping with its dedication to innovation, iMin has unveiled the Swan 1 Pro, a point-of-sale system it describes as one of the most potent Android cash registers on the market today. According to a statement from the company, this product challenges conventional Windows devices and seeks to revolutionize the sector with its cutting-edge features and performance capabilities. The founder and CEO of iMin, Aimin Hu, expressed excitement about working with fresh investors to provide smart commercial devices to small businesses around the world. He emphasized the unrealized potential of IoT developments despite the uncertain global economic outlook. iMin Technology has released the iMinKit Mobile Device Management (MDM) platform in addition to its hardware innovations. This platform serves a variety of business partners, including food delivery services, online payment processors, and SaaS providers in the hospitality and retail industries. “In the post-pandemic era, the global market has swiftly embraced digital transformation. The evolution of business operations and consumer transaction methods has unlocked vast opportunities for commercial smart hardware on a global scale. We are highly confident in the iMin team’s extensive experience in R&D, manufacturing, and business development. Since its inception, the company has grown rapidly, gradually establishing stable customer relationships, and building significant market influence. We anticipate that, with its product strength and global business expansion capabilities, iMin will emerge as a leading enterprise in the global smart commercial equipment sector,” Hong Yixiu, partner at Yonghua Capital. IoT and cloud services have been introduced to the business sector by iMin, a service provider that primarily focuses on the area of business intelligence. iMin creates and offers a wide range of commercial hardware solutions that are intelligent and help businesses operate more efficiently. The goal of iMin is to top the market for intelligent commercial hardware by utilizing technology to help businesses expand.