Astra Tech

Astra Tech’s Quantix secures $500 M financing from Citi

Quantix Technology, a subsidiary of Astra Tech announced today that it has secured a substantial $500 million asset-backed securitization financing from Citi to support its CashNow consumer lending pl...

BOTIM scales up to become world’s first “Ultra app”

Astra Tech has announced the launch of Botim 3.0, the world’s first “Ultra app”. The term “Ultra App” has been coined to distinguish the platform from the crowded super a...

UAE’s BOTIM launches Arabic ChatGPT in the region

Astra Tech has launched the first-ever Arabic Chat GPT in the Middle East and Africa leveraging on expertise from the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI). Integrated into ...

BOTIM and Fawry enable digital bill payments for Egyptian expats in UAE

BOTIM, part of Astra Tech and Fawry have signed an agreement to provide residents in the UAE and GCC countries with a seamless and convenient way to pay bills & invoices in Egypt through BOTIM app...

MoneyGram and BOTIM spearhead financial inclusion

MoneyGram International has announced a strategic partnership with Astra Tech (Astra). Through its innovative partnership with MoneyGram, Astra will deliver BOTIM’s 90-plus million registered users a ...

Astra Tech acquires BOTIM

Astra Tech (Astra) has successfully acquired BOTIM to relaunch into an Ultra app. The support of $500 million in fundraising, led by G42, is accelerating the relaunch of BOTIM into an ultra app servin...

PayBy continues to disrupt fintech landscape

PayBy has been licensed by the Central Bank of the UAE to conduct Stored Value Facility (SVF) and Retail Payment Services (RPS) operations. The license represents one of the country’s highest le...

Astra Tech’s $500 million round to be led by G42

UAE-based consumer technology development and investment company, Astra Tech (Astra) has announced that G42, the UAE’s leading AI and cloud computing technology holding group, will be taking the role ...