Lumen Loop
All news
Articlestellar.orgAnke Liu4y ago

Building Stellar Infrastructure in Africa

Three African fintech leaders building on Stellar discuss why they chose the network for payments infrastructure, the $95B+ remittance opportunity across Africa, and advice for entrepreneurs launching in the space ahead of the Stellar Blockchain Bootcamp.

PaymentsRemittancesFinancial Inclusion
Lumen Loop's take

Flutterwave, Cowrie Integrated Systems, and ClickPesa share insights on leveraging Stellar for financial inclusion across Africa. They highlight Stellar's speed, low fees, built-in DEX, and asset issuance capabilities as key advantages. The companies address the massive remittance corridor opportunity (Sub-Saharan Africa and MENA receive over $95B annually), regulatory challenges, and talent gaps. They emphasize focusing on real-world use cases over technological novelty, engaging with regulators proactively, and leveraging SDF programs like the Stellar Community Fund to support growth.

Mentioned projects
1 project linked
S
Stellar Development FoundationInfrastructure & Services
Audited
InfrastructureCommunity

The Stellar Development Foundation (SDF) is a non-profit organization that supports the development and growth of the Stellar ne…

View →