Pakistan’s PostEx Secures $7.3 Million to Expand into GCC
The investment will support the startup's planned expansion into the Gulf Cooperation Council (GCC) region, bringing its services to new markets.
PostEx, a fintech company in Pakistan, has raised $7.3 million in a pre-series A funding round led by Conjunction Capital, with participation from Dash Ventures, Sanabil500, VSQ, FJ Labs, and Zayn VC.[1]
The funds will help PostEx strengthen its operations in Pakistan and support its planned expansion into the Gulf Cooperation Council (GCC) region, bringing its services to new markets.
Founded in 2020 by Muhammad Omer Khan, PostEx combines fintech and logistics, providing e-commerce businesses with upfront payments and a delivery network.
This latest funding will assist PostEx in continuing its development, including its recent acquisition of the Pakistani logistics service provider Call Courier in 2022 and achieving $21 million in annual recurring revenue.