CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
0
0
0
0
0
Subscribe
CW Pakistan
CW Pakistan CW Pakistan
  • Legacy
    • Legacy Editorial
    • Editor’s Note
  • Academy
  • Wired
  • Cellcos
  • PayTech
  • Business
  • Ignite
  • Digital Pakistan
  • DFDI
  • PSEB
  • PASHA
  • TechAdvisor
  • GamePro
  • Partnerships
  • PayTech

Papara Acquires Pakistan’s SadaPay in Major Fintech Expansion

  • May 29, 2024
Total
0
Shares
0
0
0
Share
Tweet
Share
Share
Share
Share

Papara, a leading Turkish fintech unicorn, has announced the successful acquisition of Pakistan-based SadaPay. This strategic move marks a significant expansion for Papara, propelling them into the dynamic Middle East and South Asia markets.

Founded in 2019 by Brandon Timinsky, SadaPay has experienced phenomenal growth. It has established itself as one of the fastest-growing Electronic Money Institutions, reaching a milestone of 1 million users in record time.

SadaPay offers a range of user-friendly features including peer-to-peer money transfers, debit cards, and payment products, currently processing a significant $1.5 billion in annual payment volume. The company’s innovative spirit is further demonstrated by their introduction of the first numberless debit card in the Middle East and Asia region, in collaboration with Mastercard. These achievements solidify SadaPay’s position as a frontrunner in Pakistan’s ongoing financial transformation.

This acquisition comes as one of the most significant fintech investments in Pakistan’s recent history. Papara aims to leverage their expertise to further empower SadaPay. By combining Papara’s business know-how, robust technology, and user-centric culture with SadaPay’s innovative spirit, the aim is to solidify SadaPay’s position as the leading fintech player in the region.

This acquisition signifies Papara’s commitment to expanding its services and user base while contributing to financial innovation across a wider geographical landscape.

Share
Tweet
Share
Share
Share
Related Topics
  • Brandom Timinsky
  • fintech
  • Fintech Pakistan
  • SadaPay
Previous Article
  • Business

NCCPL Revolutionizes Onboarding with Launch of NCC Smart CKO Portal

  • May 29, 2024
Read More
Next Article
  • PayTech

SECP Unveils Women’s Equality In Finance Policy For FinClusion

  • May 29, 2024
Read More
You May Also Like
Read More
  • PayTech

Falcon-i Secures Official Customs License to Offer Cross-Border Logistics Technology Solutions

  • Press Desk
  • May 31, 2025
Read More
  • PayTech

Alibaba Launches Online Logistics Services to Empower Pakistani Exporters in Global Trade

  • Press Desk
  • May 24, 2025
Read More
  • PayTech

JS Bank Launches 0% Markup Installment Plans on Samsung Smartphones Across Pakistan

  • Press Desk
  • May 14, 2025
Read More
  • PayTech

Neem Enters Insurance Sector with EFU Life to Digitize Premiums and Claims via Embedded

  • Press Desk
  • May 14, 2025
Read More
  • PayTech

Neem Paymenow Secures $4M Credit Facility from DNI to Scale Ethical Earned Wage Access Across Pakistan

  • Press Desk
  • May 14, 2025
Read More
  • PayTech

Cybernet and Nokia Revolutionize Pakistan’s Connectivity with 1.2t-Per-Lambda Backbone Network

  • Press Desk
  • May 7, 2025
Read More
  • PayTech

CCP Approves Secure Logistics Group’s Acquisition of Trax Online to Strengthen Pakistan’s Digital Logistics Sector

  • Press Desk
  • May 7, 2025
Read More
  • PayTech

Bank Alfalah Unveils ‘Worklee’ – Pakistan’s First Remote Hiring and HR App for Inclusive Employment Opportunities

  • Press Desk
  • May 7, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Posts
  • Falcon-i Secures Official Customs License to Offer Cross-Border Logistics Technology Solutions
    • May 31, 2025
  • 92 News Unveils Pakistan’s First AI News Anchor Delivering Bulletins in Urdu
    • May 31, 2025
  • PMDC Unveils Digital Licensing Portal for Medical and Dental Colleges
    • May 30, 2025
  • CERP and Princeton Launch Long-Term Energy Transition Roadmap for Pakistan
    • May 30, 2025
  • Pakistan’s Freelance Sector Generates $1.65 Billion Amid Push for Women’s Inclusion in Digital Workforce
    • May 30, 2025
about
CWPK Legacy
Launched in 1967 internationally, ComputerWorld is the oldest tech magazine/media property in the world. In Pakistan, ComputerWorld was launched in 1995. Initially providing news to IT executives only, once CIO Pakistan, its sister brand from the same family, was launched and took over the enterprise reporting domain in Pakistan, CWPK has emerged as a holistic technology media platform reporting everything tech in the country. It remains the oldest continuous IT publishing brand in the country and in 2025 is set to turn 30 years old, which will be its biggest benchmark and a legacy it hopes to continue for years to come. CWPK is part of the SPIN/IDG Wakhan media umbrella.
Read more
Explore Computerworld Sites Globally
  • computerworld.es
  • computerworld.com.pt
  • computerworld.com
  • cw.no
  • computerworldmexico.com.mx
  • computerwoche.de
  • computersweden.idg.se
  • computerworld.hu
Content from other IDG brands
  • PCWorld
  • Macworld
  • Infoworld
  • TechHive
  • TechAdvisor
CW Pakistan CW Pakistan
  • CWPK
  • CXO
  • DEMO
  • WALLET

CW Media & all its sub-brands are copyrighted to SPIN-IDG Wakhan Media Inc., the publishing arm of NCC-RP Group. This site is designed by Crunch Collective. ©️1995-2025. Read Privacy Policy.

Input your search keywords and press Enter.