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Reading: Pathao Scores $12M to Supercharge Its Fintech Dreams
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Fintech

Pathao Scores $12M to Supercharge Its Fintech Dreams

Nicole Kristine Jovero
Last updated: September 20, 2024 12:47 am
Nicole Kristine Jovero
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1 Min Read
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  • Pathao raises $12M for fintech expansion
  • Company targets young professionals and small businesses
  • Funding solidifies Pathao’s position in Bangladesh’s digital ecosystem

Contents
Riding high on successShow me the moneyFintech frenzy

Riding high on success

Pathao, Bangladesh’s homegrown tech superstar, just bagged a cool $12 million in fresh funding.

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.

The company plans to leverage its massive user base to revolutionize financial services for Bangladesh’s tech-savvy youth and small businesses.

TAGGED:div5

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