“Pre-Series A proceeds will assist PostEx in consolidating its market position in Pakistan and supporting an aggressive expansion into the GCC, where new markets and customers will have access to its services. The fund raise follows a very successful 18 months for PostEx, during which it met several financial and operational milestones. The company has crossed an annual recurring revenue of USD 21 million, achieved profitability, and is processing over four million monthly transactions. PostEx has been a prominent player since 2022, growing swiftly after commencing operations in 2021.”
PostEx uses an innovative hybrid model of fintech and logistics. The company provides instant access to capital, removing the conventional barriers and challenges of traditional financing methods. Additionally, its embedded logistics solution makes ecommerce clients’ delivery operations significantly more efficient, thereby mitigating their cash flow issues. Access to capital is crucial for online businesses looking to scale, and those with adaptable financing partnerships are strategically positioned to leverage opportunities as they arise, driving business success.
PostEx is disrupting the established finance and logistics industries in Pakistan, amid a positive market environment with significant growth potential. The country’s USD 6 billion ecommerce sector accounts for just 1-2% of total retail transactions, compared to a global average of around 15%, as per the press release.
In a comment, officials from PostEx said that while the GCC and Pakistan have a thriving and fast-growing ecommerce landscape, the reality is that legacy financial institutions don’t fulfill the needs of digital entrepreneurs and online businesses. Ecommerce businesses need access to flexible and affordable funding solutions, and our mission at PostEx is to empower online sellers by addressing their most critical challenge: access to the right capital to grow their business through their embedded logistics solution.
