EP 349 - Is the Retail Industry Ready for the Digital Revolution? - Daniel Lim - Pi-xcels

In today's fast-paced tech world, the notion of "disruption" is often glorified, but a more strategic approach is proving to be a game-changer for Pi-xcels: embedding innovative solutions into existing payment systems. Integrating new technology seamlessly into established retail infrastructure allows for faster adoption and global scalability.

In this episode of the Asia Tech Podcast, Daniel Lim, founder and CEO of Pi-xcels, shares how his company is reshaping the payment industry by partnering with global device manufacturers and payment service providers to scale globally.

Some of the topics that Daniel covered in detail included:

• Embedding technology into existing systems is a better strategy than outright industry disruption
• Global scalability is easier with real strategic partnerships.
• Matching the speed of Pi-xcels growth trajectory with that of its global partners made global expansion that much easier
• The first partnership Pi-xcels signed might have been the hardest...but FOMO can move competing device makers to adopt the new technology so they are not left out.
• Venture-funding allowed Pi-xcels to grow without the pressure to rush into markets that weren’t ready, but it also required careful communication with investors about the realities of working with multinational corporations.