# Announcing our $10m Series A led by FPV Ventures

Gil Akos

Co-founder, CEO

Today, we are thrilled to announce that we have raised a $10 million Series A led by [FPV Ventures](https://fpvventures.com/), with continued support from [Slow Ventures](http://main.slow.co/about/) and [Allegis Capital](https://www.allegiscapital.com/). We have also secured a $30 million credit facility from [CoVenture](https://coventure.vc/) to support the growth of our payment products.

We founded [Astra](https://astrafi.com/) to help consumers and businesses get their money to the right place at the right time, wherever they were interfacing with their finances. Our payments platform tackles the hardest and most complex aspects of the fintech product stack so that developers can focus on the most important parts of their businesses. Companies integrating with Astra have been able to accelerate their growth and minimize risk with best-in-class performance while leveraging the power of **real-time payments** and **enhanced security**.

In the last six months, we have grown our customer base by 200% and payment volumes by 300%. As we continue to grow with key customers like [Fold](https://foldapp.com/), [Ugami](https://ugami.com/), and [Juno](https://juno.finance/), we are eager to see new use cases that developers bring to life enabled by Astra’s API. To that end, in 2022 we’ve also established deep partnerships with [Visa](https://www.businesswire.com/news/home/20220809005269/en/Astra-and-Visa-Partner-to-Enable-Faster-Funding-for-New-Accounts), [MX](https://www.mx.com/), [Unit](https://www.unit.co/), and [Lithic](https://lithic.com/) to make it even easier for developers to embed Astra’s payments capabilities into their products.

This new round of funding will allow us to expand our team, and continue to innovate around fast, flexible payment types. Our offerings will expand with new products that help developers functionalize and operationalize transfers, as we continue to make payments more accessible, improve time to money, and enhance payment automations for a wider range of customers and industries.

A heartfelt thanks to the entire Astra team, our customers, our partners, and our investors for their support as we continue to grow and evolve the Astra payments platform.

Ad Astra!

Gil, Sam, Zach, and the Astra Team

PS: You can read more about our raise via our article on [Business Insider](https://www.businessinsider.com/fpv-slow-ventures-investor-payments-fintech-startup-astra-raises-funding-2022-10), or our release on [BusinessWire](https://www.businesswire.com/news/home/20221013005224/en/Astra-Secures-10-Million-in-Series-A-Funding-with-a-30-Million-Line-of-Credit).

## Get started in minutes

It’s simple and painless to integrate with our API. Check out our docs, leverage our SDKs and Libraries, and start building in our Sandbox.

[Start now](https://astrafi.com/demo/)