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# Turkish Fintech Unicorn Papara Reportedly Set to Acquire Pakistani Digital Wallet SadaPay in $30–50 Million Deal
- URL: https://www.theglobalbanker.com/papara-turkey-acquire-sadapay-pakistan-30-50-million/
- Published: 2024-02-17T15:55:00.000Z
- Updated: 2026-10-02T12:53:50.000Z
- Description: Papara, Turkey's first fintech unicorn, is reportedly in advanced talks to acquire Pakistani digital wallet SadaPay in a deal valued at between $30 million and $50 million.
- Author: TGB Editorial Team
- Tags: M&A, Europe, Asia-Pacific, #archive

Turkish fintech unicorn Papara is reportedly set to acquire SadaPay, a Pakistani digital wallet provider, in a transaction valued at between $30 million and $50 million, according to a report by Pakistani business publication Profit. 

Papara became Turkey's first fintech company to achieve unicorn status in 2023, following a transaction with Spain's Beka Finance that placed its valuation above $1 billion. The company has since accumulated more than 17 million users on its digital payments and financial services platform. 

#### ABOUT SADAPAY

SadaPay operates as a digital wallet and neobank-style service in Pakistan. 

#### DEAL STATUS

Papara has not made any official statement confirming the transaction, and terms remain subject to finalisation.