Astra Tech news and trends

MoneyGram and Astra Tech Team on Money Transfers by Text
Partnerships // January 25, 2023

MoneyGram and Astra Tech are collaborating amid growing demand for Middle Eastern money transfer services. The partnership will see MoneyGram offer transfer services via Astra’s United Arab Emirates-based communications company Botim, the companies said in a Wednesday (Jan. 25) news release. Working with MoneyGram will...

Astra Tech Acquires Botim to Create MENA Super App
Acquisitions // January 12, 2023

Astra Tech has acquired Botim in a bid to create a Gulf region super app. The deal will transform Astra Tech — an investment firm based in Dubai — into one of the largest communications tech platforms in the Middle East and North Africa (MENA),...

How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
Investments // December 23, 2022

After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the first three quarters suggests that startups in Europe, the Middle East and Africa (EMEA) have clearly felt the chill of...

Interviews & Exclusives
How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?

December 23, 2022
After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the first three quarters suggests that startups in Europe, the Middle East and Africa (EMEA) have clearly felt the chill of a funding winter, despite a relatively robust first half. In […]

Quick Reads
Dubai’s Astra Tech Forms Partnership With Mastercard

March 13, 2023
Dubai-based FinTech Astra Tech says a new partnership with Mastercard has expanded its payment ecosystem. The company announced Monday (March 13) that its PayBy service had become one of the first companies of its kind in the Middle East-North Africa (MENA) region to receive a Mastercard principal membership license.  “Through the partnership with Mastercard , Astra will issue branded Mastercard digital and […]

MoneyGram and Astra Tech Team on Money Transfers by Text

January 25, 2023
MoneyGram and Astra Tech are collaborating amid growing demand for Middle Eastern money transfer services. The partnership will see MoneyGram offer transfer services via Astra’s United Arab Emirates-based communications company...

Astra Tech Acquires Botim to Create MENA Super App

January 12, 2023
Astra Tech has acquired Botim in a bid to create a Gulf region super app. The deal will transform Astra Tech — an investment firm based in Dubai — into...