SadaPay pakistan's fintech used by Jaish-e-Mohmmad to fund Red Fort blast , image credit : X & wikipedia
SadaPay, Pakistan’s fintech gaint, is currently trending and a topic of discussion in India. The reason is not because of its innovation but due to its connection with recent Delhi Red Fort blast. Reports also suggest that it has a Jaish-e-Mohammad link. SadaPay offers digital banking services primarily through mobile app and debit card. It was founded in 2019, and is currently headed by Omer Salimullah.
SadaPay is a free money transfer app licensed under Electronic Money Institution (EMI). It offers digital wallet and physical cum virtual Mastercard. The main highlight of SadaPay is International transaction because of its low exchange rate during online purchase and transactions. Sadapay has a feature called SadaBiz, which is designed for freelancers and small business owner to receive Interntional payment.
SadaPay is linked with recent Delhi Red Fort blast. During the investigation, the intelligence agencies revealed Pakistan based terror plot named as ‘Bleed Bharat’. According to reports, this plan basically aims to active preparation of a new fidayeen (suicide) squad by the terrorist outfit Jaish-e-Mohammad. The outfit is using SadaPay to raise money for its terror operation.
SadaPay has monthly limit of 4,00.000 PKR (around Rs 1,26,000) and zero transfer fee on domestic and international payment. This reportedly attracted JeM to send and recieve money through out the globe to furl its operations. According to reports, JeM has transfered 20,000 PKR (approx Rs 6,400) labeled as ‘winter kit’. This kit includes shoes, warm ball, mattress, warm tent, warm socks, hot whistels etc. There are very high chances that these items are code words used for goods in terror operation.
JeM has been actively involving womens in its recents operation. The women’s group is called Jamat ul-Muminat led by sister of Masood Azhar, Sadiya.
Syed Ziyauddin is a media and international relations enthusiast with a strong academic and professional foundation. He holds a Bachelor’s degree in Mass Media from Jamia Millia Islamia and a Master’s in International Relations (West Asia) from the same institution.
He has work with organizations like ANN Media, TV9 Bharatvarsh, NDTV and Centre for Discourse, Fusion, and Analysis (CDFA) his core interest includes Tech, Auto and global affairs.
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