Tagged: abdallah abu sheikh

Fintech Firm Astra Tech, Mastercard to Pave the Way for Digital Payment Solutions

March 14, 2023 @ 10:49 pm By Omar Faridi |

Astra Tech’s PayBy, a Central Bank-UAE licensed Fintech offering a variety of financial technology services, has achieved a significant milestone in the MENA region fintech space by becoming one of the first fintech player “to obtain a Mastercard (NYSE: MA) principal membership license.” This achievement… Read More

Read more in: Fintech, Asia | Tagged abdallah abu sheikh, astra tech, astra tech's payBy, financial services, fintech adoption, fintech trends, j.k. khalil, mastercard, mastercard principal membership license, mena, mena region, middle east, milestone, uae

Fintech PayBy Licensed by UAE Central Bank to Conduct Retail Payment Services Operations

January 6, 2023 @ 6:51 pm By Omar Faridi |

PayBy, a Fintech firm recently acquired by Astra Tech in August 2022, 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 levels of financial… Read More

Read more in: Asia, Fintech | Tagged abdallah abu sheikh, central bank of uae, financial services, fintech adoption, fintech trends, mena, mena region, middle east, operational license, payby, uae, united arab emirates