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 of SadaPay. They have also founded 1 company.

How many employees does SadaPay have?

As of Sep 30, 2026, the latest employee count at SadaPay is 305.

Is SadaPay a funded company?

SadaPay is a funded company, having raised a total of $20M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 31, 2021.

When was the latest funding round of SadaPay?

SadaPay's latest funding was a $***** Seed round on Apr 20, 2022, with participation from 3 investors.

Where does SadaPay rank among its competitors?

SadaPay ranks 78th amongst 1625 active competitors, of which 149 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Lunar, which secured $54.6M in Jan, 2026.

Who are the top competitors of SadaPay?

SadaPay's top competitors include Nubank, Chime and Starling Bank. Among them, Lunar secured the most recent funding round in January, 2026.

SadaPay - 2026 Company Profile, Team, Funding & Competitors

SadaPay is an acquired company based in Islamabad (Pakistan), founded in 2018 by Brandon Timinsky. It operates as a Digital bank for individuals. SadaPay has raised $20M in funding from investors like Recharge Capital, Raptor Group and Kingsway Capital. The company has 1625 active competitors, including 149 funded and 96 that have exited. Its top competitors include companies like Nubank, Chime and Starling Bank.

Company Details

Digital bank for individuals. It offers services such as savings and deposit accounts, NFC-enabled prepaid cards for purchases, money transfers, cash withdrawals, and more. It features biometric authentication and identity verification for login. It uses AI-enabled tools for fraud detection.

Website: sadapay.pk
Social

Key Metrics

Founded Year

2018

Location

Islamabad, Pakistan

Stage

Acquired

Total Funding

$20M in 2 rounds

Latest Funding Round

Seed, Apr 20, 2022, $*****

Investors

Recharge Capital & 6 more

Ranked

78^th among 1625 active competitors

Employee Count

305 as on Sep 30, 2026

Similar Companies

Chime & 487 more

Exit Details

Acquired by Papara (Feb 17, 2024)

View SadaPay's full profile

SadaPay got acquired by Papara on Feb 17, 2024.

Click here to take a look at SadaPay's acquisition in detail

SadaPay has raised a total funding of $20M over 2 rounds. Its first funding round was on Mar 31, 2021. Its latest funding round was a Seed round on Apr 20, 2022 for $*****. 3 investors participated in its latest round. SadaPay has 3 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of SadaPay:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 20, 2022	9803524	Seed	3161568	5214286	7548770	6982776
Mar 31, 2021	9050171	Seed	8351273	2278959	Recharge Capital	Kingsway Capital & 5 more

Access funding benchmarks and valuations. Sign up today!

View details of SadaPay's funding rounds and investors

The founders of SadaPay is Brandon Timinsky. Brandon Timinsky is the CEO of SadaPay.

Here are the details of SadaPay's key team members:

Brandon Timinsky: Founder & CEO of SadaPay.

View details of SadaPay's Founder profiles and Board Members

SadaPay's employee count trend

SadaPay has 305 employees as of Sep 26. Here is SadaPay's employee count trend over the years:

Uncover SadaPay's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of SadaPay include Nubank, Chime and Starling Bank. Here is the list of Top 10 competitors of SadaPay, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nubank 2013, Sao Paulo (Brazil), Public	Provider of digital banking services, including credit cards and accounts	$2.27B	DST Global, Sequoia Capital & 39 others	89/100
2nd	Chime 2012, San Francisco (United States), Public	Digital bank for individuals	$3.15B	DST Global, Access Industries & 58 others	83/100
3rd	Starling Bank 2014, London (United Kingdom), Series D	Provider of digital banking services including personal and business accounts	$1.01B	Merian Global Investors, Goldman Sachs & 35 others	83/100
4th	Revolut 2015, London (United Kingdom), Series E	Provider of banking solutions for retail customers and businesses	$1.99B	Balderton Capital, TSG Consumer Partners ... & 150 others	82/100
5th	Monzo 2015, United Kingdom, Series I	Provider of digital banking services including accounts savings and credit	$2.37B	Passion Capital, General Catalyst & 66 others	82/100
6th	Dave 2016, Los Angeles (United States), Public	Developer of a mobile banking application offering financial management tools	$63.6M	Norwest, Financial Solutions Lab & 18 others	81/100
7th	Atom bank 2014, Blyth (United Kingdom), Series F	Provider of digital savings accounts mortgages and commercial business loans	$852M	BBVA, Toscafund Asset Management & 18 others	79/100
8th	Green Dot 1999, Pasadena (United States), Acquired	Provider of mobile banking services, debit cards, and related financial products	$109M	Millennium Technology Value Partners, Tenaya Capital ... & 6 others	79/100
9th	N26 2013, Berlin (Germany), Series E	Provider of mobile banking services, including savings, investment, and crypto	$1.72B	Valar Ventures, Allianz X & 50 others	78/100
10th	Lunar 2015, Aarhus (Denmark), Series D	Digital banking platform offering personal and business accounts, cards, savings, investing, and budgeting tools	$649M	Seed Capital, Kinnevik & 26 others	78/100
78th	SadaPay 2018, Islamabad (Pakistan), Acquired	Digital bank for individuals	$20M	Raptor Group, Kingsway Capital & 5 others	59/100