back Back

Botim announces its transformation into an ‘Ultra app’

By Leandra Monteiro

May 03, 2023

  • Astra Tech
  • Botim 3.0

Botim Astra Tech (Astra), a consumer technology holding group in MENA, has announced the launch of Botim 3.0, an “Ultra app”.

The term “Ultra App” has been coined to distinguish the platform from the crowded super app space. The platform aims to become an all-inclusive digital platform for its users by incubating FinTech, e-commerce, GPT, and communications into a single user experience.

Abdallah Abu Sheikh, Co-Founder and CEO of Astra Tech, Botim’s parent company said, “The app space has become overcrowded over the past few years, with many platforms that are now causing a serious case of app noise and fatigue to users. We believe that a chat-based approach to offer all our services, on top of BOTIM, will provide users of all backgrounds and demographics with a single access point to the services they need, making our services inclusive and scalable.”

Botim is a digital tool meant to ease every user’s life through access to services such as Botim Money for peer-to-peer transactions and international transfers, Botim Stores with access to 100,000+ stores. The app is available to users around the world providing the world’s only seamless and open access to communicate and transact to and from the MENA region.

BOTIM launched its first FinTech service and an in-chat international money transfer a few weeks ago in the UAE, India, and the Philippines, changing the remittance landscape regionally and showcasing the power of the Ultra platform. With millions of users now able to transfer money easily and securely, BOTIM is revolutionising how people manage their finances.

BOTIM is now expanding its financial services through its sister company, PayBy, to offer a fully integrated wallet that includes peer-to-peer, payments, and personal financial solutions.

Previous Article

May 03, 2023

Fintel Connect, Cheese expand credit access to underserved Americans

Read More
Next Article

May 03, 2023

Loughborough Building Society taps Finastra to boost growth in the UK

Read More

IBSi Daily News Analysis


July 19, 2024

Astra Tech

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


UK Open Banking marks 10 million user milestone

Read More


OMS integrates GoCardless for smooth broker payments

Read More


ACI Worldwide extends strategic partnership with Worldpay

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024