SadaPay Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 300

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $50M

  • Investors
  • 1

SadaPay General Information

Description

Developer of a digital bank application designed to offer a debit card facility. The company's application offers features like online shopping, automatic savings, sharing payments with friends and other related features, enabling users to access their application for account management.

Contact Information

Website
www.sadapay.pk
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Ufone Tower 9th Floor
  • Jinnah Avenue, Block F-7/1, Blue Area
  • Islamabad, 44000
  • Pakistan
Primary Industry
Other Financial Services
Other Industries
Financial Software
Parent Company
Papara Elektronik Para
Vertical(s)
Artificial Intelligence & Machine Learning, FinTech, Mobile
Corporate Office
  • Ufone Tower 9th Floor
  • Jinnah Avenue, Block F-7/1, Blue Area
  • Islamabad, 44000
  • Pakistan

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SadaPay Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 10-Jun-2024 $50M Completed Generating Revenue
3. Seed Round 20-Apr-2022 Completed Generating Revenue
2. Early Stage VC (Series A) 30-Nov-2021 $2.1M Completed Generating Revenue
1. Early Stage VC 01-Jan-2019 $2.1M $2.1M Completed Startup
To view SadaPay’s complete valuation and funding history, request access »

SadaPay Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital bank application designed to offer a debit card facility. The company's application offers featur
Other Financial Services
Islamabad, Pakistan
300 As of 2024

Karachi, Pakistan
 

Karachi, Pakistan
 
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SadaPay Competitors (2)

One of SadaPay’s 2 competitors is Safepay, a Venture Capital-Backed company based in Karachi, Pakistan.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Safepay Venture Capital-Backed Karachi, Pakistan
PayPro Corporation Karachi, Pakistan
You’re viewing 2 of 2 competitors. Get the full list »

SadaPay Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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SadaPay Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
Ash Park Capital Hedge Fund Minority
Angel (individual) Minority
Angel (individual) Minority
Angel (individual) Minority
You’re viewing 5 of 6 investors. Get the full list »

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SadaPay FAQs

  • When was SadaPay founded?

    SadaPay was founded in 2019.

  • Where is SadaPay headquartered?

    SadaPay is headquartered in Islamabad, Pakistan.

  • What is the size of SadaPay?

    SadaPay has 300 total employees.

  • What industry is SadaPay in?

    SadaPay’s primary industry is Other Financial Services.

  • Is SadaPay a private or public company?

    SadaPay is a Private company.

  • What is the current valuation of SadaPay?

    The current valuation of SadaPay is .

  • What is SadaPay’s current revenue?

    The current revenue for SadaPay is .

  • How much funding has SadaPay raised over time?

    SadaPay has raised $20M.

  • Who are SadaPay’s investors?

    , Ash Park Capital, , , and are 5 of 6 investors who have invested in SadaPay.

  • Who are SadaPay’s competitors?

    Safepay and PayPro are competitors of SadaPay.

  • When was SadaPay acquired?

    SadaPay was acquired on 10-Jun-2024.

  • Who acquired SadaPay?

    SadaPay was acquired by Papara Elektronik Para.

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