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AstroPay

From Simple English Wikipedia, the free encyclopedia
AstroPay
IndustryFintech
Founded2009; 17 years ago (2009)
Area served
Worldwide
Key people
Marc Sacal (CEO)
ProductsDigital wallet
Number of employees
+ 300
Websiteastropay.com

AstroPay is a global digital wallet. It provides a way for people to pay for things online, send money to others, and receive money. The app offers virtual and physical debit cards and peer-to-peer money transfers.[1]

AstroPay was founded in Uruguay in 2009. It started as a company that processed payments for businesses. Over time, it grew to work in Latin America, EMEA, and APAC. In 2016, a part of the company named dLocal became its own business. dLocal became Uruguay's first unicorn (a startup worth over $1 billion) and eventually joined the stock market.

In 2020, AstroPay moved its business payment services into a new company called D24 so it could focus on its mobile wallet. Between 2023 and 2024, the company hired new leaders to turn it into a global multicurrency wallet. This allowed users to save and spend money in many different currencies.[2]

In August 2021, AstroPay entered into a partnership with the Wolverhampton Wanderers for the 2021-22 Premier League season, and the following year, became the team's shirt sponsor. Later, in September 2021, AstroPay expanded its partnership with Wolverhampton Wanderers, which included becoming the team's official payment partner and later, in 2023, co-launching a co-branded card.[3][4]

Services

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AstroPay has three main products: AstroPay Wallet, AstroPay check-out, and AstroPay Platform. AstroPay Wallet is a digital wallet for users. It lets people hold money in different currencies and use prepaid cards. It also includes a marketplace. AstroPay check-out allows businesses to accept AstroPay as a payment option at checkout and reach AstroPay wallet users. AstroPay Platform lets other companies use the AstroPay network to create their own global digital wallets.[5][6]

References

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  1. "AstroPay, Wolves issue co-branded Visa debit card". Green Sheet. 8 March 2023. Retrieved 2023-03-31.
  2. Dillet, Romain (2024-12-17). "Popular LatAm digital payment service AstroPay launches multi-currency wallet". TechCrunch. Retrieved 2025-01-07.
  3. "AstroPay become Wolves' new principal partner | Club | News". Wolverhampton Wanderers FC. Retrieved 2026-01-14.
  4. "AstroPay becomes an official club partner - Newcastle United". www.newcastleunited.com. Retrieved 2026-01-14.
  5. "LatAm payment platform AstroPay introduces a multi-currency wallet". thepaypers.com. Retrieved 2025-01-07.
  6. Bleach, Tom (2024-12-19). "AstroPay Unveils Multicurrency Wallet to 'Break Down Barriers' of Traditional Finance". The Fintech Times. Retrieved 2025-01-07.