PostEx, a rapidly expanding logistics and fintech company, has secured $7.3 million in a Pre-Series A
funding round. The funding round was spearheaded by Conjunction Capital, a global venture capital firm,
with new investors Dash Ventures and Sanabil500 alongside seasoned backers VSQ, FJ Labs, and Zayn
VC, all rallying behind PostEx’s ambitious vision.
This fresh infusion of capital is set to fuel the company’s expansion into the Gulf Cooperation Council
(GCC) market, a region renowned for its dynamic and fast-growing e-commerce sector. PostEx,
specializing in cash-on-delivery (COD) and upfront payment solutions, is leveraging this funding to
establish a strong presence in the GCC market.
As the region experiences a surge in online shopping, there is a growing need for reliable and efficient
logistics services. PostEx’s unique blend of logistics and financial services positions it as a valuable
partner for e-commerce businesses, particularly in markets where COD remains a preferred payment
method.
For merchants in the GCC, PostEx’s expansion promises access to more efficient logistics and payment
infrastructure. The services are designed to help businesses manage cash flow better, reduce the risks
associated with COD payments, and ensure faster, more reliable deliveries. These improvements can
significantly enhance customer satisfaction in the region.
Muhammad Omer Khan, the CEO and Founder of PostEx, highlighted the need for flexible funding
solutions in the e-commerce sector, stating: “While the GCC & Pakistan have a thriving and fast-growing
e-commerce landscape, the reality is that legacy financial institutions don’t fulfill the needs of digital
entrepreneurs and online businesses. E-commerce 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 our advanced embedded logistics
solution.”
This funding round comes on the heels of a highly successful 18 months for PostEx, during which the
company achieved significant financial and operational milestones. With an annual recurring revenue of
$21 million and over four million monthly transactions, PostEx has firmly established itself as a market
leader in Pakistan. In just under three years since its inception, the company’s meteoric rise highlights its
formidable potential to revolutionize the finance and logistics sectors on a global scale.
As PostEx scales its operations in the GCC, the company aims to play a key role in the region’s evolving
e-commerce landscape. By providing solutions that address the specific needs of merchants, PostEx seeks
to enhance the overall efficiency and reliability of online shopping in the GCC, marking a step forward in
its global expansion journey
