SadaPay

Islamabad, Pakistan Founded: 2018 • Age: 8 yrs Acquired By Papara
Digital banking services for individuals are offered in Pakistan.
Annual revenue - Latest available
Total funding $17.9M 2 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors - Brand Intelligence

About SadaPay

SadaPay is a company based in Islamabad (Pakistan) founded in 2018 by Brandon Timinsky was acquired by Papara in February 2024. SadaPay has raised $17.9 million across 2 funding rounds from investors including Papara, Recharge Capital and Kingsway Capital.

  • Headquarter Islamabad, Pakistan
  • Founders Brandon Timinsky
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $17.9 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10.7 M (USD), Seed

    Apr 20, 2022

  • Investors
    Papara

    & 7 more

  • Employee Count
    Not available
  • Acquired by
    Papara

    (Feb 17, 2024)

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People of SadaPay

Headcount 50-200
Employee Profiles 7
Employee Profiles
People
Omer Salimullah
Acting CEO
People
Maryum Zahid
Vice President Of People & Culture
People
Kinza Adnan
Talent Manager

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Funding Insights of SadaPay

SadaPay has successfully raised a total of $17.9M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $10.7 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in SadaPay

SadaPay has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Papara, Recharge Capital and Kingsway Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Recharge Capital is engaged in thematic investment strategies.
Locked Locked Locked
Kingsway Capital is engaged in providing investment management services.
Locked Locked Locked
Investment and strategic support are provided by Raptor Group.
Locked Locked Locked
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Investor details for SadaPay

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by SadaPay

Investments
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Investment portfolio details for SadaPay

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  • Portfolio identities
  • Transaction dates
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Financial Statements - SadaPay

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Detailed financials for SadaPay

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  • Profit trends
  • Statement rows
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Sadapay Comparisons

SadaPay Primary company
Description
Digital banking services for individuals are offered in Paki...
Location
Islamabad, Pakistan
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for SadaPay

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Competitors of SadaPay

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Detailed competitors of SadaPay

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Latest news on Sadapay

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Complete news archive for SadaPay

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about SadaPay

SadaPay was founded in 2018 and raised its 1st funding round 3 years after it was founded.

SadaPay is headquartered in Islamabad, Pakistan.

Brandon Timinsky is the current CEO of SadaPay. They have also founded this company.

SadaPay is a funded company, having raised a total of $17.9M across 2 funding rounds to date.

SadaPay was founded in 2018 in Islamabad, Pakistan, as a digital bank targeting individuals. Savings and deposit accounts are provided, along with NFC-enabled prepaid cards for purchases, money transfers, and cash withdrawals. Biometric authentication and identity verification are utilized for secure login, while AI tools are employed for fraud detection. Operations focus on fintech services within the Pakistani market.

SadaPay has 8 investors. Key investors include Papara, Recharge Capital, Kingsway Capital, Raptor Group, and Pierpaolo Barbieri.

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