Astra Tech

Ramadan Kareem from Astra Tech! As we welcome this blessed month of reflection and generosity, we wish you a Ramadan filled with peace, prosperity, and meaningful connections.

Powering the Future of Digital Payments with Mastercard! Our CCO, Martina Habib, joined Mastercard World Fintech Week alongside industry leaders from Pemo, NymCard, and Mastercard to discuss the future of digital payments and embedded finance. The key takeaway? Seamless, transparent, and effortless financial solutions are shaping the next wave of fintech innovation—and we’re proud to be at the forefront of this transformation. A big thank you to Mastercard for hosting this insightful discussion! #FutureOfPayments #FintechInnovation #AstraTech

Happy Chinese New Year from Astra Tech! 🧧🎉   As we step into the Year of the Snake, we embrace innovation, growth, and new beginnings. May this year bring you prosperity, success, and strong connections.   Here’s to a year of transformation and opportunity! ✨   #ChineseNewYear #AstraTech #Innovation #NewBeginnings

Our collaboration with MIT Sloan Management Review reveals how AI is transforming industries: - Adoption Stages: 27.6% of businesses are exploring AI, while 13.1% are fully integrating it. - AI in Action: LLMs and LAMs drive personalized shopping and streamline compliance. - Localized Strategies: In-house AI models align with regional cultural and regulatory needs. 💬 Hassan Alnoon, Senior VP Tech, Astra Tech: "AI’s potential lies in aligning with regional needs for transformative impact." 📄 Read more: bit.ly/AstraWP1 #AIAdoption #DigitalTransformation #MITSMR #AstraTech

We’re proud to collaborate with MIT Sloan Management Review - Middle East to explore how AI is driving innovation and transforming industries across the region. Our mission is to empower industries with impactful and sustainable AI solutions, fostering transformation across key sectors. By driving conversations and offering actionable insights, that play a pivotal role in advancing the Middle East’s AI journey. The report highlights the stages of AI adoption in the Middle East: - Exploration (27.6%) and Initial Adoption (36.8%) dominate as businesses test and implement AI capabilities. - Deep Integration (13.1%) and Leadership/Monetization (22.3%) reflect advanced use and strategic application. Key Takeaways: - AI Models like LLMs and LAMs are revolutionizing customer experiences, automation, and operational efficiency. - Localized AI ensures solutions align with the region’s cultural and regulatory needs. - Businesses are leveraging AI to redefine customer interactions, compliance, and strategy. Hassan Alnoon, Senior VP of Tech, Astra Tech: emphasizes: "The findings from this white paper highlight the immense potential AI holds for transforming industries in the Middle East. Localization ensures these solutions are culturally and regulatorily aligned, maximizing their effectiveness and adoption."   Explore the findings: Read more: https://lnkd.in/g6UhXhma Download the report: bit.ly/AstraWP1 #Innovation #AIAdoption #DigitalTransformation #MITSMR #AstraTech

2024: A Game-Changing Year for Astra Tech This year, we pushed boundaries, delivered bold solutions, and made meaningful strides in shaping the future of tech and fintech. Botim expanded its capabilities, PayBy strengthened digital payments, and Quantix Technology Projects made significant progress in financial inclusion. 2024 was truly a year of growth and impact. Thank you to our partners, our team, and everyone in our community who make this journey possible. Here’s to raising the bar even higher in 2025. Let’s make it another unforgettable year. 💙 #AstraTech #Botim #PayBy #Quantix #Milestones2024 #NewYear2025

Astra Tech Elevates its GRC capabilities with the Diligent One Platform – The Future of Corporate Governance is Here! 🌐    Today, we are proud to announce the launch of the Diligent One Platform, a groundbreaking governance, risk, and compliance (GRC) solution designed to empower organizations with a unified, real-time view of their operations and risks.    This innovative platform integrates Generative AI, real-time monitoring, and advanced automation to help businesses enhance internal audits, strengthen risk management, and ensure compliance with evolving regulations. From seamless communication to actionable insights, Diligent One is here to redefine corporate governance standards.    We extend our deepest gratitude to the UAE Government for fostering a forward-thinking legal and regulatory framework that makes transformative initiatives like this possible. This announcement reaffirms Astra Tech’s commitment to supporting the UAE’s vision of excellence in governance, innovation, and economic resilience.    Osama M. Abbas, Vice President of Internal Audit at Astra Tech, shared his thoughts:  “The Diligent One Platform represents a paradigm shift in how organizations manage governance and risks. By combining advanced technology with Astra Tech’s commitment to operational excellence, we are empowering our three lines of defences to make smarter decisions and fostering a culture of accountability and transparency.”    Jeremy M. - VP UKI and MEA at Diligent added:  “This collaboration is a significant milestone in advancing GRC solutions globally. Together, we are setting a new standard for integrated, intelligent governance frameworks.”    🌟 We’re proud to contribute to the UAE’s vision for innovation and excellence. Ready to transform your organization’s governance practices? Let’s redefine excellence together.    👉 Visit www.astratech.ae to learn more or connect with us here on LinkedIn for updates!    #Innovation #Governance #RiskManagement #Compliance #UAEVision #TechnologyLeadership #AstraTech 

Astra Tech’s Board Member and Managing Director, Dr. Tariq Bin Hendi, PhD sat down with CNBC to discuss Quantix Technology Projects record-breaking $500 million asset-backed securitization financing from Citi.   In this insightful conversation, Dr. Tareq highlighted how this milestone will fuel the growth of the CashNow platform and the Ultra app ecosystem, enabling us to redefine financial inclusion and innovation in the UAE fintech landscape.   Watch the interview to learn more about how this deal marks a transformative moment for Astra Tech, Citi, and the future of financial services.   📺 Catch the full interview here: https://lnkd.in/dpdVdky3 #AstraTech #Quantix #CashNow #Fintech #FinancialInnovation #Leadership #CNBC

Celebrating partnerships, progress, and a shared vision for the future of financial innovation at ADFW!   Here’s a snapshot of the Astra Tech and Citi teams marking a historic milestone: a $500 million financing deal, the largest in UAE fintech history. This collaboration strengthens our commitment to driving innovation and financial inclusivity through the Ultra app and CashNow platform.   A huge thank you to the teams whose dedication and hard work made this achievement possible. Together, we’re shaping the future of fintech!   #Teamwork #Partnerships #Innovation #AstraTech #Citi #Quantix #FintechSuccess

Breaking News: Quantix Technology Projects, 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 platform, marking the largest fintech deal in UAE history! This landmark funding empowers us to scale the Ultra app ecosystem and the CashNow platform, delivering seamless financial solutions within the UAE. It’s a testament to our commitment to innovation, inclusivity, and redefining financial services in the region. Dr. Tariq Bin Hendi, PhD, Board Member and Managing Director of Astra Tech, shared: “This financing allows us to scale and redefine financial services for consumers. It’s a transformative moment for the region.” We’re excited to continue leading the way in the fintech revolution. Thank you to our partners at Citi for their trust and support. #Quantix #CashNow #AstraTech #FintechInnovation #FinancialInclusion #UAE