Sunday, January 18, 2026

Brandon Timinsky resigns as SadaPay CEO after Papara acquisition

Resignation comes a little over a week after Papara’s acquisition of SadaPay

Pakistan’s Qist Bazaar raises $3.2mn in Series A funding 

Fintech startup attracts investment from Indus Valley Capital, Gobi Partners, and Bank Alfalah, advancing financial inclusion for underbanked Pakistanis

Cheetay mulling shut down, Dastgyr, others look towards layoffs as startups go through another purge  

Hurting macros, global dearth of risk capital lead to massive layoffs, closures in Pakistan’s startup scene. 

InDrive invests $10mn in Pakistan’s Krave Mart to accelerate super-app ambition in emerging markets

Investment to support Krave Mart’s expansion in Pakistan and potentially venture into other markets

Changes are afoot at Careem. What do they mean for the fast changing ride-hailing sector?

Inflation has meant lots of changes in all segments including transport. Careem is responding through their pricing

Bykea’s battle for survival

The company has made a gambit to try and earn a spot in car-hailing. But will they make it?

Bookme takes big leap with $20 million revenue target and $100 million price tag

The Pakistani ticketing startup was launched in 2014. More than a decade later it is looking to expand beyond Pakistan and has found potential markets

Startup Allia Health secures $2m in funding in Tim Draper-backed round, targets Pakistani expansion

Backed by Tim Draper, the clinician-facing platform eyes digital disruption in mental health delivery across emerging markets

Three pivots later, how will agritech startup Tazah deal with the international e-commerce business?

Tazah’s $6.5m preseed funding is fueling a strategic third pivot from agritech to cross-border e-commerce

Shadiyana raises $800,000 pre-seed round to scale wedding tech platform across Pakistan

Startup secures funding from Indus Valley Capital to support product development and national expansion as it moves beyond its Islamabad base into Lahore and Karachi

Tania Aidrus has hit pause on DCore’s commercialisation, but she has a new plan

Following Dbank’s license setback and shifting investor sentiment, DGlobal recalibrates strategy to deepen local impact over international scale

Two Pakistani fintech startups recognised in Forbes Asia 100 to Watch list for 2025

Haball and PostEx make their mark among Asia-Pacific's top innovative startups

Backed by Yango, Pakistan’s Trukkr raises close to $10mn to fuel freight tech growth

Trukkr has kept its head down and stayed away from media attention. Based on an exclusive interview, we look at how the freight tech startup has grown and where their future is

Funding drought sees small respite as KalPay raises over $1mn in early-stage funding 

KalPay, which claims EBITDA profitability, says that the new round was a combination of equity and debt. It is the first Pakistani startup to announce a round in 2024. 
SadaPay-Mastercard

Sadapay has laid off at least 30% of its entire workforce, including some C-suite executives

A little over a month after announcing its acquisition by Turkish fintech Papara, SadaPay abruptly fired at least 30% of the company’s staff today....