Company Information

Get to know SadaPay

SadaPay, operated by SadaTech Pakistan Pvt. Ltd., is an Electronic Money Institution (EMI) licensed by the State Bank of Pakistan. The company's mission is to eliminate the complexity and high fees associated with traditional banking by offering a user-friendly mobile wallet and a connected Mastercard. Launched to the public after a successful pilot phase, SadaPay targets freelancers, digital natives, and anyone seeking a simpler financial experience. Key features include no annual fees, free and instant local bank transfers, and a numberless debit card for enhanced security.

Industry

Financial Electronic PaymentPRIMARY
Financial Banking
Financial Other Service

Contact

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SadaPay

Pakistan

Founded in

28 Aug 2018 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

Security Information :

FSCA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.