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Astra Secures $10 Million In Series A Funding With A $30 Million Line Of Credit

Oct 13, 2022•almost 3 years ago

Amount Raised

$10 Million

Round Type

series a

Menlo ParkInformation Technology

Description

Astra, a leading provider of instant card-to-card funding as a service in the U.S., today announced a $10 million Series A funding round led by FPV Ventures, with participation from Slow Ventures and Allegis Capital, as well as a $30 million line of credit through CoVenture to support the company’s rapid expansion in the payments industry.

Company Information

Company

Astra

Location

595 Pacific Ave

Menlo Park, California, United States

About

Astra offers an advanced bank-to-bank transfer technology for financial institutions, fintech startups, and enterprises. Our transfer automation platform enables its customers to offer fast, programmatic transfers between their users’ network of accounts through rules-based routines. Astra’s proprietary, vertically integrated API allows developers to easily embed financial automation within their existing products.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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