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Articlestellar.org5y ago

Stellar Development Foundation announces enterprise fund investment in SatoshiPay

Stellar Development Foundation invested $550K in SatoshiPay, an early Stellar adopter expanding from micropayments into B2B cross-border payments. The investment marks SDF's third Enterprise Fund deployment.

PaymentsFintechFinancial Inclusion
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The Stellar Development Foundation announced a $550K strategic investment in SatoshiPay, a London and Berlin-based fintech company founded in 2014. SatoshiPay was among the earliest adopters of Stellar, initially launching a micropayments platform for publishers that has processed over 650,000 euros from 200,000+ accounts. The company has since expanded to include a digital wallet called Solar with 25,000 downloads across 40 countries and a new B2B cross-border payments solution targeting the projected $218 trillion B2B transfer market. The investment, paid in lumens, represents SDF's third Enterprise Fund deployment and underscores Stellar's role in enabling scalable payment infrastructure.

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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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