Pathao, a leading Bangladeshi consumer tech startup, has raised $12 million in a funding round led by UAE-based VentureSouq to support its expansion into financial technology. This brings its total funding to $50 million, the highest for a “pre-series B” startup in Bangladesh. The company, known for ridesharing, logistics, and food delivery, aims to enhance its fintech services, including Pathao Pay and Pay Later, targeting young professionals and tech-enabled entrepreneurs. Investors like Anchorless Bangladesh and Osiris Group also participated, signaling strong confidence in Pathao’s future in reshaping Bangladesh’s financial landscape.
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