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
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Sectors
Financial Services
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Phone
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Website
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Social
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $10.7M
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First Round
First Round
(31 Mar 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - SadaPay | Valuation | Recharge Capital , Kingsway Capital |
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| Mar, 2021 | Amount | Seed - SadaPay | Valuation | Recharge Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Recharge Capital is engaged in thematic investment strategies.
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Founded Year | Domain | Location | |
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Kingsway Capital is engaged in providing investment management services.
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Founded Year | Domain | Location | |
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Investment and strategic support are provided by Raptor Group.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SadaPay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SadaPay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sadapay Comparisons
Competitors of SadaPay
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sadapay
Frequently Asked Questions about SadaPay
When was SadaPay founded?
SadaPay was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is SadaPay located?
SadaPay is headquartered in Islamabad, Pakistan.
Who is the current CEO of SadaPay?
Brandon Timinsky is the current CEO of SadaPay. They have also founded this company.
Is SadaPay a funded company?
SadaPay is a funded company, having raised a total of $17.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7.2M, raised on Mar 31, 2021.
What does SadaPay do?
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.
Who are SadaPay's investors?
SadaPay has 8 investors. Key investors include Papara, Recharge Capital, Kingsway Capital, Raptor Group, and Pierpaolo Barbieri.
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