Pakistani startup PostEx secure $7.3 million funding for broadening its ecommerce logistics and financial services for retailers across the Middle East and North Africa region
PostEx, a fintech and logistics startup based in Lahore, Pakistan, has secured $7.3 million in a pre-Series A funding round. The company aims to leverage this investment to expand into the Middle East and North Africa (MENA), starting with Saudi Arabia.
Founded in 2020, PostEx began as a third-party logistics provider for e-commerce merchants. However, it has since evolved to offer Shariah-compliant, non-dilutive financing solutions, setting it apart in the MENA region.
The funding round was led by Dubai-based Conjunction Capital, with participation from Dash Ventures, Sanabil500, VentureSouq, FJ Labs, Zayn VC, and existing investors. This brings PostEx's total financing to date to approximately $16 million.
PostEx's expansion aligns with a broader surge in fintech investment and logistics innovation across the MENA region. Fintech funding in MENA reached $2.1 billion in H1 2025, led by Saudi Arabia’s debt rounds among 334 transactions across the region.
PostEx's innovative approach to integrating fintech with logistics is a unique position to address the evolving needs of e-commerce businesses in the region. Muhammad Omer Khan, the founder and CEO of PostEx, stated that the startup aims to empower online sellers by addressing their most critical challenge: access to the right capital to grow their business through its advanced embedded logistics solution.
PostEx has already initiated a pilot in Saudi Arabia for its expansion. The startup plans to acquire a local license to offer financing solutions in Saudi Arabia but, for now, has partnered with local financial institutions to provide its services to a select group of e-commerce merchants.
PostEx's mission is to address the needs of digital entrepreneurs and online businesses that are not fulfilled by legacy financial institutions in the GCC and Pakistan. The startup has provided loans worth $90 million to over 8,000 businesses to date.
Kirill Kozhevnikov, Managing and Founding Partner at Conjunction Capital, highlighted PostEx's innovative approach as a key factor in their decision to invest. He emphasized the strategic importance of the Saudi Arabian market as a key growth area within the GCC for PostEx.
PostEx has also shown promise in other markets. It acquired Call Courier, a leading ecommerce logistics company in Pakistan, to become the market leader. The startup currently has an annual revenue run rate of $21 million, processes over four million transactions per month, and has been profitable for several months.
Other startups in logistics and fintech are also growing rapidly in the MENA region. For instance, Breadfast, a quick-commerce platform, recently raised $10 million for expansion and fintech integrations. However, it differs from PostEx in its focus and offerings.
PostEx's expansion into the MENA region signifies a significant step forward for the startup. As it continues to grow and innovate, it is poised to become a key player in the region's fintech and logistics landscape.
The strategic investment secured by PostEx will aid in leveraging technology to expand its Shariah-compliant financing solutions beyond Pakistan, targeting the lifestyle and business sectors in the Middle East and North Africa region. Amidst the surge of fintech funding and logistics innovation in the MENA region, the startup's unique integration of finance and technology sets it apart, positioning it to address the evolving needs of digital entrepreneurs and e-commerce businesses particularly in the sports-centric market of Saudi Arabia.
