ABU DHABI: Abdallah Abu Sheikh, Founder of Astra Tech and CEO of BOTIM, highlighted the Abu Dhabi Securities Exchange (ADX) as a favourable platform for tech companies to go public, emphasising the importance of timing in such decisions.
In statements to the Emirates News Agency (WAM) on the sidelines of the third edition of the Investopia conference in Abu Dhabi, he commended the Ministry of Economy for organising the conference, which provided a stage to showcase Astra Tech’s growth and achievements.
He stated that the company aims to enhance its financial technology presence, recently becoming the largest issuer of debit cards in the region in partnership with Mastercard, with plans to expand services. The upcoming “Convert Now, Pay Later” product is set to launch, offering a unique payment solution in the UAE.
Abu Sheikh noted the potential benefits of this service for customers needing to transfer money and pay in installments. Astra Tech boasts over 180 million customers across 100 countries worldwid
e.
Source: Emirates News Agency
