Astra is a mobile app that helps consumers optimize their cash flow through automated bank transfers. Today, Astra announced the unprecedented release of “sweep” transfer functionality. Typically only available through private banking to high net worth individuals, “sweep” transfers automatically move funds from one account to another based on a predefined balance. Astra is the first app to bring this advanced banking feature directly to consumers. Through the Astra app, anyone can easily save money by transferring funds out of a checking account and into another account without withdrawing any more than the threshold balance. Consumers get the benefit of saving on autopilot with the confidence that their balance won’t be overly affected if it dips below the amount they specify. Transfer amounts are calculated dynamically and automated through Astra’s middleware for the ACH Network that executes bank transfers through Dwolla, Inc.
Astra graduated from Y Combinator's Startup School Advisor Track. 🙌 https://www.startupschool.org/companies/astra-finance
Took about a week, but we were finally approved on the App Store!
We built this app so that you can do more with your money with automated bank transfers. Managing your cash flow month-to-month is a time-consuming headache and proactively saving for your goals can be hard.