One of Turkey’s renowned payment institutions papara, had previously come to prominence with the acquisition of e-sports team SuperMassive. This was an unexpected move for the company, which bought the team it had sponsored for years. Apart from this, a Spain-based fintech company Revolt We’ve seen you buy it too.

Now the company seems to have set its sights on Pakistan. It is one of the country’s successful start-up companies and offers a payment service like Papara. SadaPaywill be acquired by Papara under an agreement, details of which have not yet been announced. head of Endeavor Adrian Garcia-Aranyos This development, cited as a resource, will both accelerate the development of startups in Pakistan and highlight Papara’s global presence.

There is talk of an amount of 30 to 50 million dollars.

Immediately after the agreement to accelerate technological progress and market expansion a $10 million more It states that it will be forwarded to the company. That aside, the acquisition in question won’t push SadaPay behind the scenes, even if it covers 100 percent of the company. On the contrary, the company’s operational autonomy will continue to exist. But all operations Paparas will continue under his broad auspices.

We continue our path with strong investments Paparas It is not yet clear when this agreement with SadaPay will be completed. However, it is certainly a big step because both SadaPay offers broader financial solutions and Papara can establish itself in different regions.

It is also mentioned that Papara plans to go public in 2025. What are your thoughts on this topic?