Dubai-based company Paquik successfully closed a Pre-Seed funding round of $85,000 in November 2025. This funding, backed by angel investors, coincided with the official launch of its platform, which specializes in cross-border shipping for individuals. Founded by George Antakiss, the company operates on a peer-to-peer (P2P) shipping model. This innovative approach connects individuals looking to send international parcels with trusted travelers who have extra space in their luggage. This model cleverly uses unused luggage space to transport personal shipments, offering a financial incentive to travelers. It provides a flexible and more affordable alternative compared to traditional shipping services. The platform is built on a robust technical system designed to boost trust and security. This includes identity verification via a 'Know Your Customer' (KYC) system, an escrow payment system that holds funds until delivery is confirmed, and a mutual rating and review system for all users. Paquik kicked off its operations on the busy UAE-Egypt corridor, one of the region's most active travel routes, known for its high demand for individual shipments. Company data shows that the platform has already attracted over 17,000 registered users and generated more than $10,000 in revenue during its initial months. The recently secured funding will be used to develop smartphone applications, enhance verification systems, and expand the engineering, technical support, and marketing teams. It will also support launching awareness campaigns and participating in specialized exhibitions. Paquik embraces an asset-light model, meaning it doesn't own a transport fleet or warehouses. Instead, it leverages the sharing economy and unused resources, positioning itself as a valuable complement to traditional shipping services, rather than a direct competitor. Looking ahead to 2026, the company plans to expand into new corridors across GCC countries. This expansion will include launching additional technical features and supporting its regional growth in the cross-border individual shipping market, a sector that's gradually moving towards digital and sharing-based solutions.
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