What Astrada does

Astrada is sales-led with no public pricing; all commercial pages route to "Contact Sales" or an Early Access application form. Revenue streams are recurring platform access fees for the Transaction Data API and an emerging usage-based or tiered pricing layer for Auto-Reconciliation, sold through an embedded/OEM channel into customer platforms (Workday, Zoho, Payhawk, Miter, Extend, Vergo) that resell the resulting real-time visibility to their own end users. The company closed a $3.8 million seed round on May 5, 2026 co-led by Bain Capital Ventures, QED Investors, and Nyca Partners with strategic investment from Mastercard and follow-on from Visa, and was named to the DataTech 50 list and selected for Mastercard's StartPath program.

Name

Astrada

Legal name

Astrada Technologies Limited

Website

https://astrada.co

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Astrada provides real-time card transaction data infrastructure for enterprise finance and fintech platforms through direct connections to Visa, Mastercard, and American Express. Its API enables spend management, accounting, and travel platforms to access structured transaction data at the moment of card authorization.

Ownership category

akta.pro rank

Product category

Payment Data Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Reconciliation, Ledgering & Money Movement Ops (Sub-ledgers, Settlement, Reporting) (FSAGALAL)

akta.pro secondary industry

Embedded Card Issuing & Card-as-a-Service (FSAGALAC)

Keywords

• Card transaction data
• Real-time payment infrastructure
• Financial data API
• Spend management platform
• Card network connectivity

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. API platform access (Transaction Data API): Live product revenue from granting finance platforms access to real-time and clearing card-network transaction data through a single API. Sold via 'Contact Sales' motion with no public price list — typical of B2B data infrastructure pricing. Customers are integrated platforms (Workday, Zoho, Payhawk, Miter, Extend, Vergo), implying recurring platform-level contracts.
2. Auto-Reconciliation early-access program: Second product (in Early Access) that layers automated card-to-bank matching on top of the Transaction Data API. Sold as an extension to existing API customers via a select design-partner program with an application/contact gate, suggesting tiered or upsell pricing on top of base API fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Astrada provides a Transaction Data API that delivers real-time and clearing card transaction data directly from Visa, Mastercard, and American Express at the moment of authorization, exposing 10+ structured fields (MCC, normalized merchant name, terminal ID, acquirer ID, geolocation, currencies, FX rate, status) via a single normalized REST API and webhooks. The platform includes a Bring Your Own Card (BYOC) Enrollment SDK that lets platforms enroll any card from any issuer, and an Auto-Reconciliation module (Early Access) that performs algorithmic card-to-bank matching with confidence scoring to automate reconciliation toward zero-day close.

Product overview

Astrada is a single-platform API offering composed of a core product and an early-access add-on module, both targeting the data infrastructure layer for autonomous finance. The platform centers on the Transaction Data API (live/GA), which provides direct card-network connectivity to Visa, Mastercard, and American Express, delivering structured real-time and clearing transaction data via webhooks and a single REST endpoint. Built on top of this core, Auto-Reconciliation (early access) is an add-on module that uses the same 10+ structured fields to perform algorithmic card-to-bank matching with confidence scoring, automating reconciliation that previously required manual review. Together the two products serve expense management, travel management, and accounting/ERP use cases by enabling Bring Your Own Card (BYOC) enrollment, deterministic categorization replacing ML on raw merchant strings, real-time policy enforcement, and continuous reconciliation toward zero-day close — with Astrada positioned as the neutral data aggregator for AI-driven financial workflows.

Differentiator

Problem solved

Functional benefit

Products and services

• Transaction Data API Astrada's core API product that delivers real-time and clearing card transaction data directly from Visa, Mastercard, and American Express at the moment of authorization, with 10+ structured fields per transaction (MCC, merchant, terminal ID, acquirer ID, geolocation, currencies, status) via webhooks and a single normalized REST endpoint. Replaces per-bank SFTP pipelines and reverse-engineered bank strings. Sold to enterprise and mid-market finance platforms (Workday, Zoho, Payhawk, Miter, Extend, Vergo) on a contact-sales, recurring platform contract. Live / GA.
• Auto-Reconciliation An add-on module built on top of the Transaction Data API that performs algorithmic card-to-bank matching with confidence scoring across multiple structured fields (merchant ID, MCC, terminal ID, amount, timestamp, FX conversion). High-confidence matches (90%+) auto-reconcile, reducing manual review to true exceptions. Handles pre-auth-to-final-amount changes (e.g., gas station $1 auth to $67.32 settlement) and multi-currency matching. Distributed through an Early Access / design-partner program. Status: Early Access.

Quantifiable outcome

• Bank feeds deliver transaction data 24-72 hours late; Astrada delivers it at the moment of authorization, closing that delay gap entirely.
• +8 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability1 record

Feature6 records

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Increase: Increase is a banking-infrastructure platform offering real-time bank APIs (including ACH, wire, and card-program data) to fintechs and platforms. It competes for similar embedded-finance customer logos and is expanding into card-data infrastructure.
• Veryfi: Veryfi provides AI-powered receipt and transaction-data extraction APIs for expense management and bookkeeping platforms. It overlaps with Astrada's downstream categorization and reconciliation workflows but pulls from receipts/bank feeds rather than card networks.
• Tink: Tink (Visa-owned) is a European open-banking aggregation platform providing PSD2 account-information and payment-initiation services. It competes with Astrada in the UK/EU spend-management customer base via bank-feed-based transaction data.
• Yapily: Yapily is a European open-banking API platform offering account-information and payment-initiation services to fintechs and enterprise platforms. It targets overlapping customer segments (expense, accounting, treasury) via bank-rail aggregation.
• Modern Treasury: Modern Treasury provides payment-operations APIs (ledger, reconciliation, bank integrations) to fintechs and platforms. Its reconciliation product overlaps with Astrada's Auto-Reconciliation roadmap and addresses the same zero-day-close use case.
• Lithic: Lithic is a modern card-issuing API platform serving fintechs with direct network connectivity. Its issuing customers overlap with Astrada's platform customers, and Lithic could expand its data APIs to compete directly with Astrada's real-time feed layer.

Broad incumbents

• Finicity (Mastercard): Finicity is a Mastercard-owned financial-data aggregation platform providing bank-account and card transaction data to lenders, fintechs, and aggregators. It is the closest incumbent peer and a key competitive threat given Mastercard's simultaneous investor relationship with Astrada.
• Marqeta: Marqeta is a modern card-issuing platform whose North America business Astrada's CEO previously led through IPO. Marqeta has direct network connections and could vertically integrate into real-time card-data APIs for its issuing customers, creating a strategic threat.

Direct peers

• Fidel API: Fidel API provides card-linked transaction data infrastructure (card-linking, real-time events, receipts) to fintech and loyalty platforms. Astrada's CEO previously worked at Fidel, and both companies target the same 'structured real-time card data for embedded finance' use case.
• Plaid: Plaid is the dominant US bank/card-data aggregation platform, offering transaction data to expense, lending, and fintech platforms via API. Astrada competes for the same customer platforms (Workday, Payhawk-class) with a different source (card networks vs. banks) and a real-time differentiator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks2 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/goastrada

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Astrada