Get the latest tech news
Popular LatAm digital payment service AstroPay launches multi-currency wallet
AstroPay has been around since 2009. The bootstrapped company currently has 320 employees and is profitable. And yet, it’s not a name that comes up often
Now, the company wants to expand beyond its roots and become a global consumer fintech product, a multi-currency wallet paired with a payment card so that you can pay, send and receive money from your phone. In many ways, the new AstroPay app and website look and feel a lot like Wise, the London-based fintech company that offers multi-currency accounts as well as a currency exchange service. And it plans to subsidize its multi-currency wallet product thanks to those fees, meaning that customers should get good exchange rates thanks to B2C transactions in Latin America.
Or read this on TechCrunch
