How EPOS pulled its way up to 7-figure revenue

More: A Singapore-based logistics company scores US$34 million in series C money and WeBuy Global debuts on the Nasdaq. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [How bootstrapped EPOS attained a 7-figure revenue]( - YouTrip’s US$50 million series B round - Other newsy highlights such as a Singapore-based logistics company’s US$34 million series C round and WeBuy Global’s Nasdaq IPO --------------------------------------------------------------- Hello {NAME} I recently started watching Breaking Bad. And let me tell you, if it weren’t for the fact that I’m a human being who needs sleep, I probably would’ve binged the entire series from start to finish - no breaks in between. I’ve just finished season four (no spoilers for the next ones, please!), and I’ve noticed that there’s a running theme about making money and being a provider. The show kicks off when Walt, the main character, refuses to take money or even a well-paying job from his wealthy friends so he can afford to pay for his cancer treatments. It’s an interesting look at how people - particularly men - like him feel like they cannot be a burden and the sheer lengths they’re willing to go to to be self-sufficient. In other words, Walt and his business partner Jesse are basically the craziest bootstrapped two-man startup to ever exist - in the fictional world of prestige TV, that is. Back in the real world where most of us live, there’s a Singapore-based startup specializing in point-of-sale systems that has bootstrapped its way to success, pulling in seven figures in annual revenue. There’s nothing illicit or illegal about PoS, but it’s badass enough that it enabled EPOS to sustain itself without external funding. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [How EPOS bootstrapped its way to a 7-figure revenue]( After 14 years, the Singapore-based PoS and martech provider has over 6,000 clients. But it has steered clear of regional expansion - with good reason. --------------------------------------------------------------- TRENDING NEWS [OJK restricts Akulaku’s BNPL services (Update)]( Akulaku told Tech in Asia that its BNPL product has not been prohibited, but temporarily limited in its operation. [YouTrip raises $50m as travel bounces back]( YouTrip has been profitable as of April this year, according to co-founder and CEO Caecilia Chu. [Navegar, East Ventures steer $34m round of SG logistics startup]( Inteluck offers a fleet of over 14,000 delivery trucks, which can be used for on-demand booking. [WeBuy Global raises $15m in Nasdaq IPO]( The Singapore-based social commerce firm closed October 25 at a share price of US$3.82, giving it a market value of US$197.9 million. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Capital SEA: Southeast Asia’s funding landscape]( Who are the new active investors on the block? Which funding rounds look like outliers? This visual story answers all this and more. ---------------------------------------------------------------  TECH IN ASIA’S FOUNDERS MEETUP: VIETNAM Did you miss us last June? Great news: We’re coming back to HCMC! With over 3,000 startups and four unicorns, Vietnam is solidifying its position as a prominent startup hub in Southeast Asia. As Vietnam continues its upward trajectory, it’s essential to familiarize yourself with the opportunities and challenges in its startup scene. Looking for some fresh perspectives on how to navigate and thrive in this ecosystem? Or do you have tips and best practices that can help others overcome roadblocks? If you do, then this upcoming event is tailored for you. If you missed the first round of our Founders Meetup, then make sure to mark November 30 on your calendar. Join us in the heart of Ho Chi Minh City at the Hive Villa to connect, learn, and exchange ideas with fellow founders from the Tech in Asia community. Why go on your startup journey alone when you can turn to and collaborate with peers? Be an early bird and pay only US$10 instead of US$12.50 for a ticket, inclusive of complimentary drinks. This is available for a [limited time only - get yours before they’re sold out]( Special thanks to our official event partners - AppWorks, AWS, CleverTap, Cooley, Sinarmas Land, Singapore Global Network (SGN), Quest Ventures, Purple Quarter and AppWorks - and our venue host, the Hive Villa, for making this meetup possible. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [AD] [Sip ‘n’ Discuss Sunset: Exclusive Event for Succesful Marketing Leaders]( on 23 November Join SpinX for a fun yet exclusive after-work Thursday sunset session full of marketing wisdom and poolside drinks, tailor-made for marketing leaders. Click [here](  - [AD] [StartmeupHK Festival]( on November 8 to 17 Sometimes, it feels like speakers at conferences and events are just like superstars. With all the insights and anecdotes they offer, it can be easy to get a little starstruck. This year’s StartmeupHK Festival features a star-studded lineup of speakers. These include Ariel Shtarkman, managing partner and co-founder of Undivided Ventures; Yat Siu, co-founder and executive chairman of Animoca Brands; Henry Soediarko, director of Milltrust International Group; Christoph Meyer, general manager of Hong Kong, South China, and Macau for the Lufthansa Group; and Zhou Jingren, CTO of Alibaba Cloud. Excited to hear what they have to say? Get your tickets [here](.  - [Tech in Asia x Airwallex - Exclusive Mixer]( Mingle with APAC's Payment and Growth Leaders on November 14 Meet and connect with your peers at Exclusive Mixer: Mingle with APAC's Payment and Growth Leaders, an invite-only networking event on November 14 co-hosted by Tech in Asia and Airwallex. This isn’t your run-off-the-mill corporate event. It’s a gathering of forward-thinkers across Asia Pacific and anyone eager to discover best practices in optimizing and streamlining payment journeys at scale. Grab drinks and light bites while soaking up Singapore’s cityscapes from Honcho’s rooftop bar as you mingle. Come hang out and unwind at this relaxed and casual mixer - all refreshments are on the house [Get your ticket]( to this closed-door event and build lasting connections. Slots are limited so secure yours NOW!  - [Brushstrokes to Success]( Design a Solid Growth Plan for 2024 on November 16 Join senior business leaders and decision-makers at the upcoming “Brushstrokes to Success: Design a Solid Growth Plan for 2024.” Co-hosted by Tech in Asia and G-P, this exclusive event will be held at Bridge+ on November 16. This goes beyond the typical corporate gathering by providing a space where forward thinkers can challenge themselves and explore best practices for scaling businesses from creative and analytical perspectives. Gain and exchange insights with our panelists from Aspire, 2C2P, and G-P in an open Q&A session. Over light bites and drinks, we’ll also go through an exciting agenda that includes quizzes, modern calligraphy, networking and more. Don’t miss this opportunity to revolutionize your business approach and make meaningful connections. [Get your tickets for this closed-door event NOW]( before they’re all snatched up! ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - Longbridge Securities Singapore - [Longbridge launches a 500% rebate welcome campaign, boosting rewards for traders and investors]( Longbridge Securities is delighted to introduce an exciting new initiative, the "Trade to Earn 500% Rebates" campaign. - Edelman Singapore - [Powered Carbon Secures PepsiCo Grant of $100,000 to Amplify Circular Economy Innovations]( Powered Carbon, the winner of PepsiCo's APAC Greenhouse Accelerator Program, was selected from a pool of 10 regional startups. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Senior IT Auditor]( at Moladin Digital Indonesia Jakarta, Indonesia - [Business Development Manager]( at Speedoc Sales & Business Development - [Senior Marketing Specialist - Cloud]( at Arupa Cloud Nusantara Jakarta, Indonesia - [IT Risk Manager]( at KoinWorks Strategy & Consulting - [Creative Design]( at Scout.inc Graphic & Motion Design - [IT Security]( at Graha Karya Informasi Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. 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