Stealth • 8m
Part 2. Pathao's digital payment wallet, Pathao Pay, has also been successful, with the company recently receiving a payment service provider (PSP) license from the Bangladesh Bank, allowing it to operate as a mobile wallet provider Funding: Pathao has raised a total of $14.8M in funding over 8 rounds. Their latest funding was raised on Sep 28, 2022 from a Series A round with the latest round led by Go-Jek. Financial Performance: Pathao hasn't disclosed its exact financial figures, reports suggest that the company achieved operational profitability in 2022 and aims to become cash-flow positive in the near future. Its revenue model includes commissions from rides, delivery fees, and other service charges.
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