Astra Tech's subsidiary, 𝐐𝐮𝐚𝐧𝐭𝐢𝐱 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐬 𝐋𝐋𝐂 (Quantix), has achieved a major milestone by securing a full Finance Company License from the Central Bank of The UAE (CBUAE). This makes Quantix the first fintech platform to receive this license. The license enables Quantix to provide a broad range of financial services, including lending, credit, and microfinancing, through its digital platforms.

This is the first Finance Company License granted by the CBUAE since 2016, reflecting Astra Tech's commitment to regulatory compliance. Under Central Bank Circular No. 3/2023, Quantix can now offer retail financing such as personal loans, short-term credit, vehicle loans, and various "Pay Later" services like BNPL (Buy Now, Pay Later) and RNPL (Rent Now, Pay Later).

Astra Tech has become a major player in digital cross-border money transfers and prepaid cards, quickly becoming the largest fintech card issuer in the UAE. This growth is supported by strategic acquisitions and innovative strategies, including acquiring PayBy's licenses from the CBUAE.