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
ARR
$21,000,000
Founders
Muhammad Omer Khan
Company Description
PostEx is a hybrid of receivables factoring solutions and courier services.
Market
E-commerce
Location
Pakistan
Coinvestors
Conjunction Capital, Dash Ventures, Sanabil 500, VSQ, FJ Labs, Zayn VC

Links