Search Results for "Astra Tech"
2 results for "Astra Tech"
Deals 2
Quantix Secures $500M Citi Securitization for Embedded Lending Platform
Quantix, a subsidiary of Astra Tech, secured $500M in asset-backed securitization from Citi — the largest UAE fintech deal. The funds will scale its CashNow embedded lending platform for gig workers and SMEs. The deal highlights embedded finance via API integrations into non-financial apps.
PayBy Obtains Mastercard Principal Membership to Offer BIN Sponsorship Services
Astra Tech's PayBy secured a Mastercard principal membership license enabling it to issue prepaid and debit cards and act as an acquirer in the UAE. The deal allows PayBy to provide BIN sponsorship services to third-party fintechs for issuing prepaid cards via Mastercard's network. This expands embedded financial services to over 100 million BOTIM users.