“Can a global cross-border payments wallet become the infrastructure layer powering other companies' embedded financial products at scale?”
AstroPay began as a consumer digital wallet and cross-border payment solution serving users in emerging markets, particularly in Latin America. Over time it expanded to offer a merchant-facing business layer (AstroPay for Business) enabling merchants to accept payments and process payouts globally. In July 2025, AstroPay launched its AstroPay Platform — a white-label BaaS/infrastructure play allowing any company to embed multi-currency wallets, card issuance, FX, KYC, and compliance under their own brand, marking a deliberate pivot from consumer wallet to infrastructure provider.
Astropay discloses AstroPay Global (IOM) Limited (self-operated) as its banking provider, according to the Embedded Finance Index 2026.
Astropay does not disclose a bank charter of its own; its banking services are provided through AstroPay Global (IOM) Limited (self-operated).
Astropay processes payments through AstroPay Payments (self-operated).
Astropay's cards are issued through AstroPay (self-operated).
Astropay uses AstroPay (self-operated) for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 4 layers in Astropay's stack: Payments / PSP (AstroPay Payments (self-operated)); Banking / BaaS (AstroPay Global (IOM) Limited (self-operated)); Card issuing (AstroPay (self-operated)); FX & payouts (AstroPay (self-operated)).
Astropay is headquartered in London, United Kingdom.
Get a read on where your own stack stands against Astropay and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.