Tech Company Financing Transactions
PostEx Funding Round
PostEx closed a $7.1 million venture capital round on 11/30/2021. Investors included Global Founders Capital, FJ Labs and RTP Ventures.
Transaction Overview
Company Name
Announced On
11/30/2021
Transaction Type
Venture Equity
Amount
$7,100,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to expand into 15 to 20 more cities in Pakistan and aims to increase its workforce and launch more fintech products.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Undisclosed
Lahore Punjab, 54000
Pakistan
Lahore Punjab, 54000
Pakistan
Phone
Website
Email Address
Overview
PostEx is a hybrid of receivables factoring solution and courier service that pays invoice values upfront to E-commerce companies offering Cash on Delivery as one of their modes of payment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Muhammad Khan
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About Database of VC Transactions
We report on tech company VC transactions. All VC database entries reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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