iPostBox Secures $100 Million Loan for Expansion

iSign with iPostBox digital signature feature

Dublin, Ireland – July 11, 2024 – iPostBox, a Dublin-based startup, has secured a $100 million loan from Al Hendi Investment Group, an Australian investment firm. This funding will allow iPostBox to accelerate its growth, enhance its innovative solutions, create new job opportunities, and expand its reach globally. The company remains committed to providing a 100% paperless, eco-friendly, and cost-effective solution.

iPostBox is a virtual letter box and post office that enables users to send and receive iPosts with a click. The service includes features like digital signature and virtual reality technology for managing virtual mailboxes. iPostBox was founded in October 2020 and has been recognized as the best technology innovation and the best early stage startup in Ireland.

The production of paper has a significant environmental impact. It takes 10 liters of water to produce a single A4 sheet of paper, and a standard 45ft tree produces only around 10,000 sheets of paper. Billions of letters are sent worldwide each year, according to the Universal Postal Union. iPostBox offers a greener and more convenient alternative to traditional paper mail sent through the post office.

iPostBox expresses its gratitude to its dedicated team, partners, and customers for their continued support. Together, they are shaping the future of communication.

Sir El-Zehar Mohamed Reda, CEO of Al Hendi Investment Group, is seeking further investment opportunities. Companies interested in obtaining loans can contact the company directly through its website: https://www.alhendigroup.com/

Send and Receive iPosts in a click

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Nesime Dogan Gunter

Source :iPostBox