Astra Tech, 7X in deal to advance digital financial services

INDUSTRIAL NEWS

Astra Tech, the leading consumer technology holding group behind Botim, has announced a strategic partnership with 7X, the investment holding group in trade, transport, and logistics. 
 
The agreement, formalized during the Dubai FinTech Summit (DFS), sets the stage for an integrated digital ecosystem that combines financial services, logistics, and last-mile delivery, advancing the UAE’s vision for a connected, inclusive, and innovation-driven economy.
 
The collaboration will enhance access to secure, compliant, and customer-centric services by embedding remittance capabilities, salary processing via both Wages Protection System (WPS) solutions through the innovative Botim Salary Card, and digital payment tools into everyday platforms, said the statement from Astra Tech. 
 
It also catalyzes future enhancements, including AI-powered address verification, last-mile delivery integration, and expanded payment acceptance points.
 
Astra Tech’s WPS solution, the Botim Salary Card, will be rolled out to FINTX’s (the fintech arm of 7X) extensive customer base, marking a significant expansion in salary disbursement capabilities across businesses' clientele through a trusted and compliant delivery network.
 
FINTX plays a central role in this collaboration, reinforcing its mandate as a trusted financial enabler and expanding the reach of UAE-born fintech capabilities across all user segments and geographies.
 
In addition, the agreement also explores new avenues to expand Botim’s international remittance services through FINTX’s global financial network, connecting users to agent locations worldwide. 
 
By embedding this infrastructure into the Botim app, users will be able to send and receive cross-border remittances quickly and securely from within the platform they already use every day. This expansion positions Botim as a comprehensive financial services platform meeting the everyday needs of both domestic and international users.
 
The collaboration also lays the groundwork for a broader range of fintech and logistics innovations. These include wallet top-ups and eKYC services at FINTX’s Wall Street Exchange branches, enabling Botim Wallet payments at 7X retail locations, deploying point-of-sale systems to support SME digitization, and improving last-mile delivery logistics. 
 
Other areas under exploration include address verification powered by the WAYN platform, UAE’s Digital P.O. Box, to support verified deliveries and secure digital identities. 
 
WAYN’s integration will enable more secure, reliable communication and transactions across Botim’s user base, contributing to the national digital infrastructure. It will also explore corporate payment integrations via WASLAH, the comprehensive logistics platform by 7X.
 
On the deal, COO Ahmed Mourad said the partnership with 7X represents a major leap forward in Astra Tech’s mission to redefine access to digital finance across the region. 
 
He noted that embedding financial tools into everyday digital experiences is not only about convenience but about building a sustainable infrastructure for long-term financial empowerment.
 
Tariq Al Wahedi, Acting Group CEO of 7X, said: "This partnership reflects our unwavering commitment to shaping a future where finance, logistics, and technology converge to serve people better. By joining forces with Astra Tech, we are advancing our shared commitment to supporting national priorities in digital transformation and empowering communities through accessible, integrated, and secure financial and last-mile services."
 
"This collaboration is a pivotal milestone in our roadmap to position 7X as a regional force in digital finance and smart trade infrastructure. We will be unlocking new opportunities to simplify how people move money, goods, and services, laying the foundation for a seamless, customer-centric ecosystem that is built for scale, inclusion, and innovation," he added.-TradeArabia News Service
 

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