PostEx (Equity)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
August 22, 2024
Vertical
Fintech and Logistics
Funding URL
View Funding Page
Funding Amount
$7,300,000
Company Info
Founding Year
2020
Traction
PostEx has an active merchant base of 15,000, with over 80% using its upfront payment service. The startup has crossed an annual recurring revenue rate of $21 million and is growing at 10-15% month-on-month.
Revenue Amount
$21,000,000
Founders
Muhammad Omer Khan
Market
E-commerce
Location
Pakistan
Coinvestors
Conjunction Capital, Dash Ventures, Sanabil 500, VSQ, FJ Labs, Zayn VC
Company Description

PostEx is a hybrid of receivables factoring solutions and courier services.

Links
WebsiteCrunchbaseLinkedIn
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