Startups
SadaPay is bringing modern financial services to Pakistan, where 87% of over 222 million people are formally unbanked
Overview
Location
Pakistan, Islamabad Capital Territory, Islamabad
Employees
201-500
Total raised
$7.2M
Founded date
2019
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 9
| Date | Title | Description |
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| Dec 26, 2023 | Pakistan-based Fintech SadaPay Reveals How Retaining Earnings in USD with SadaBiz Can Maximize Benefits of Freelance Work | Pakistan’s Fintech firm SadaPay recently explained how retaining your earnings in USD with SadaBiz change the game for your freelancing career. With this feature, the Fintech company explains that it is turning your most requested need into... |
| Aug 29, 2021 | Pakistani Online Payments Fintech SadaPay Explains how to Use their Virtual Debit Card | The team at SadaPay, a Pakistani online payments Fintech, notes that one of the things they felt was “lacking” in the nation’s financial landscape was a “fantastic” virtual debit card. As mentioned in a blog post by SadaPay, there are some ... |
| Apr 1, 2021 | Pakistani fintech SadaPay raises USD 7.2 million in country’s largest seed round | Islamabad-headquartered fintech SadaPay has raised USD 7.2 million in a seed round led by New York-based Recharge Capital. The financing is the largest-ever seed closed by a Pakistani startup. It includes participation of returning investor... |
| Mar 31, 2021 | Fintech SadaPay raises $7.2M Seed funding round | Islamabad: Islamabad-based Fintech SadaPay has raised a $7.2M Seed funding round, led by Recharge Capital, with participation from existing investor Kingsway Capital, Jim Pallotta’s Raptor Group, and a roster of notable Fintech angels – inc... |
| Mar 31, 2021 | Pakistan-Based Fintech SadaPay Secures $7.2 Million Through Seed Funding Round Led By Recharge Capital | SadaPay, a Pakistan-based fintech startup, has reportedly secured $7.2 million through its latest seed funding round, which was led by Recharge Capital with participation from Kingsway Capital, Raptor Group, Ualá’s founder Pierpaolo Barbier... |
| Mar 20, 2021 | Pakistani Online Payments Fintech SadaPay Explains Why Customer Experience with a Human Touch Is So Important | The team at SadaPay, a Pakistan-based online payments provider, notes that when products are developed with technology at the “core of the value proposition,” the customer interactions “tend to be digital as well.” As mentioned in a blog po... |
| Aug 24, 2020 | Pakistani Fintech SadaPay Aims to Bring Modern Financial Services to Country, where 87% of 218 Million Residents are Formally Unbanked | Pakistan still has a very large informal economy, meaning many (or most) transactions are still settled with cash. The majority of the nation’s residents do not have access to a bank account or modern financial services. However, local Fint... |
| Pakistani fintech startup SadaPay raises $7.2 million | Pakistani fintech startup and aspiring neo bank SadaPay has raised $7.2 million as it awaits regulatory approval for a live roll out. Recharge Capital led the round with participation from existing investor Kingsway Capital, Jim Pallotta’s ... |
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FAQ about SadaPay
When was SadaPay founded?
SadaPay was founded in 2019.
How much funding has SadaPay raised?
SadaPay has raised $7.2M in total across 1 funding round.
What has the press written about SadaPay?
Parsers VC has collected 9 articles mentioning SadaPay, among them “Pakistan-based Fintech SadaPay Reveals How Retaining Earnings in USD with SadaBiz Can Maximize Benefits of Freelance Work” (Dec 26, 2023) and “Pakistani Online Payments Fintech SadaPay Explains how to Use their Virtual Debit Card” (Aug 29, 2021).
Is SadaPay still active?
Yes, SadaPay is active; its latest activity on Parsers VC dates from Feb 18, 2024.