# SadaPay

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sadapay

- Industry: Financial Services
- Headquarters: Islamabad, Pakistan
- Website: www.sadapay.pk/
- Total disclosed funding: $18M
- Latest round: Seed (Apr 18, 2022)
- Investors on record: 3

## About

Founded in 2019 and based in Islamabad, Pakistan, SadaTech Pakistan Private Limited, dba SadaPay, operates as a financial technology company that provides online banking and digital wallet services. The company was founded by its CEO, Brandon Timinsky. In May 2024, Papara acquired SadaTech Pakistan Private Limited from Kingsway Capital, Raptor Capital Management, Recharge Capital, and Recharge Thematic Ventures. The company also has a presence in Lahore, Karachi, Dubai, and London.

The company offers financial solutions, including a Mastercard debit card and digital wallet. The firm also offers a mobile app that allows users to manage remittances, request funds, top up mobile balances, and pay bills from over 900 vendors. SadaPay also caters to freelancers with SadaBiz, facilitating international payments at competitive exchange rates. In addition, the company’s platform ensures security with biometric access, AI fraud detection, and encryption.

## Funding rounds

- Seed, Apr 18, 2022, $11M — Raptor Capital Management, Kingsway Capital, Recharge Capital
- Seed, Mar 31, 2021, $7.2M — Raptor Capital Management, Kingsway Capital, Recharge Capital

## Investors

- Raptor Capital Management (https://capitalatlas.ai/funds/raptor-capital-management) — Seed
- Kingsway Capital (https://capitalatlas.ai/funds/kingsway-capital) — Seed
- Recharge Capital (https://capitalatlas.ai/funds/recharge-capital) — Seed