- Pathao raises $12M for fintech expansion
- Company targets young professionals and small businesses
- Funding solidifies Pathao’s position in Bangladesh’s digital ecosystem
Riding high on success
Pathao, Bangladesh’s homegrown tech superstar, just bagged a cool $12 million in fresh funding.
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The ridesharing and logistics giant is now setting its sights on conquering the fintech frontier.
Show me the money
UAE-based VentureSouq led the charge, joined by Anchorless Bangladesh and other notable investors.
This cash injection pushes Pathao’s total funding to a whopping $50 million – a record for pre-Series B startups in Bangladesh.
Fintech frenzy
Already profitable and wildly popular, Pathao isn’t resting on its laurels.
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The company plans to leverage its massive user base to revolutionize financial services for Bangladesh’s tech-savvy youth and small businesses.