“Time to money is one of the most vital metrics for fintechs, financial institutions, and marketplaces. How quickly a user is able to complete the onboarding process, fund their account, and begin spending money are critical aspects that will likely impact a user’s activity level,” said Gil Akos, CEO and co-founder of Astra. “Astra has earned a reputation for offering one of the simplest and most effective instant funding and payment automation solutions on the market to speed up these processes. With this new capital, we are excited to not only grow our portfolio of solutions but to bring faster money movement capabilities to a larger customer base.”

https://www.businesswire.com/news/home/20221013005224/en/Astra-Secures-10-Million-in-Series-A-Funding-with-a-30-Million-Line-of-Credit