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SadaPay profile

Who owns SadaPay?

traditional · Karachi, PK · E-money institution · custody: Custodial

short answerSadaPay is an e-money institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits. SadaPay's most notable disclosed backers include Recharge Capital.

Is SadaPay a licensed bank?

No — it is an e-money institution. Licence detail: E-money institution (EMI) licence from State Bank of Pakistan; owned by Papara.

Where is your money held?

Custody model: Custodial.

No sponsor bank or infrastructure provider is publicly documented for SadaPay yet. Know one? Suggest it.

Who's behind SadaPay?

SadaPay was founded by Brandon Timinsky (2019), headquartered in Karachi, PK.

Early investors

Notable venture and strategic investors from SadaPay's publicly disclosed funding rounds (~$20M; acquired by Papara).

Recharge Capital ↗

Is my money safe with SadaPay?

As an e-money institution, SadaPay safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.

go deeperSee the full SadaPay profile with every verified field, or SadaPay alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.