Pakistani fintech SadaPay raises $7.2 million in country's largest seed round
Published 31 Mar,2021 via MENAbytes - Islamabad-headquartered fintech SadaPay has raised $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 Kingsway Capital, Raptor Group, and notable fintech angels, including Ualá’s founder Pierpaolo Barbieri, Ribbit Capital’s Brian McGrath, former General Catalyst partner Ilan Stern, and Valon Technologies’ founder Andrew Wang.
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