First Fintech Approved to Operate Under the UAE’s New Commercial Gaming Framework

ABU DHABI, UAE – 18 November, 2024 – PayBy Technology Projects LLC, an Astra Tech company and one of the UAE’s leading fintech platforms, announced today that it has been awarded a gaming-related license by the General Commercial Gaming Regulatory Authority (GCGRA), the federal entity overseeing commercial gaming activities in the United Arab Emirates (UAE). The award allows PayBy to provide financial services to GCGRA-licensed commercial gaming operators, marking a new milestone in the Authority’s endeavour to establish a well-regulated commercial gaming sector in the UAE.