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Articlestellar.orgCaroline Young3y ago

SCF Winner LINK Doubles Down on Digital Financial Infrastructure

LINK, a Nigerian fintech that won Stellar Community Fund Round 10, uses Stellar's anchor infrastructure and NGNC stablecoin to enable fast, cheap cross-border payments across Africa. The company has integrated four businesses with $825k MRR and plans to scale its P2P platform to 50+ countries.

FintechPaymentsEmerging Markets
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LINK is a fintech founded by Emmanuel Evarist that addresses Africa's fragmented cross-border payments market by building on Stellar's infrastructure. The company issues NGNC, a Nigerian naira stablecoin, and operates as a Stellar anchor using SEP-6 and SEP-24 standards to provide on/off ramps and digital asset access. LINK offers two main products: an NGNC dashboard for businesses with treasury and custodial features, and a P2P platform enabling individuals to send money to 50+ countries at competitive rates. Currently serving four integrated businesses with $825k MRR and 262 P2P users, LINK credits the Stellar Community Fund and developer community for enabling rapid product launch. The team plans to scale the P2P platform, raise pre-seed funding, and add multi-chain support for NGNC over the next six months.

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

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