Stellar Development Foundation awarded Vottun an $850k grant to build a Stellar-powered cross-border payment solution for the Spanish regulatory sandbox, with PwC providing guidance on banking and financial services compliance.
The Stellar Development Foundation announced an $850,000 grant to Spanish fintech startup Vottun to develop a Stellar-based payment platform for intra-company cross-border transactions. Vottun was selected as one of only three startups in Spain's regulatory sandbox, which tests innovative finance projects with real users under secure oversight. The solution will enable corporate clients to tokenize payments using Stellar-based digital currencies and execute compliant cross-border settlements. PwC will partner with Vottun to provide banking and financial services expertise throughout the six-month trial period. Upon completion, Vottun aims to gain the regulatory certainty needed to operate compliantly in the evolving digital finance market. This demonstrates Stellar's role in supporting regulated payment innovation across geographies.
