Grants & Funding

Enterprise Fund

The Stellar Enterprise Fund is a venture-style fund for growing the open-source Stellar network. We make direct investments across all stages up to Series E or make acquisitions in global fintech or blockchain companies. Companies should demonstrate real and sustainable Stellar network use cases and integrate within 1 year of investment.

Use Cases

What We Focus On

We are open to new models across asset management, compliance, gaming, liquidity, NFT, payroll, treasury management, and more.

Wallets

Wallets

  • Digital wallets
  • Cross-chain wallets
Startup Acceleration

Startup Acceleration

  • Tools for SMBs in emerging markets
  • Regional incubator funds
Banking Infrastructure

Banking Infrastructure

  • Central Bank Digital Currencies (CBDCs)
  • Stablecoin issuance & management
  • Private banking infrastructure / Crypto integration
Cross-border Payments

Cross-border Payments

  • Business payments for high cost corridors
  • Remittances in high friction markets
Access to Financial Services

Access to Financial Services

  • On and off-ramps
  • USD savings
  • Lending
  • Financial inclusion in emerging markets
  • Ecommerce and payment processing
  • Tokenized assets

Eligibility

Investment Criteria

Investments are made in USD or Lumens (XLM). There is no public application for the Enterprise Fund. The Stellar Development Foundation (SDF) will source its own candidates based on five criteria. You can read more on the purpose of the Enterprise Fund and see the full SDF Mandate.

Stellar Fit

Does the Stellar network provide compelling value to the Company? Will the team further SDF’s mission?

Impact

Does the company bring real & working use cases to the Stellar ecosystem? Does the Company have potential to 10x the Stellar network's current transaction volume, network value, or assets under management?

Team

Do we trust management to execute, focus, and commit to building for the long term? Is the team able to build a compelling product that is competitive in the market and brings value to the end user? Does the team have a viable go-to-market plan?

Viability

Does the company have a viable path towards financial independence from SDF (either through external funding or revenue) in the next 18-24 months?

Timing

Why now – is this the right time for us to invest? Does the team have a clear, realistic, yet ambitious plan of how they will use the money and why they need it now?

Portfolio

Our Investments

Abra

Lending

Abra offers an easy-to-use app that allows users to buy, sell and trade cryptocurrencies, in one single place.

Explore

AirTM

APIs

Business Payments

Emerging Markets

Airtm offers users a digital dollar account with over 400 different ways to buy and sell digital dollars.

Explore

Bitt

Tokenized Assets

Bitt provides CBDC and stablecoin solutions for central banks, financial institutions, and governments.

Explore

Cowrie

Business Payments

Emerging Markets

Cowrie offers businesses a solution that increases speed and lowers the cost of payments to and from Nigeria.

Explore

NetXD

Tokenized Assets

NetXD offers solutions to enable seamless access to embedded finance for businesses.

Explore

Rehive

APIs

Business Payments

Emerging Markets

Payment Processing

Rehive is a white-label fintech app builder, offering customers an easy way to launch a new fintech app.

Explore

SatoshiPay

Business Payments

SatoshiPay offers solutions for B2B cross-border money transfer and frictionless micropayment processing.

Explore

Securrency

Tokenized Assets

Securrency is bringing liquidity and access to new digital assets through compliance aware tokenization.

Learn More

Settle

Tokenized Assets

Settle Network is a digital assets settlement network across LATAM for exchanges and cross-border payments.

Explore

Tala

Emerging Markets

Lending

Tala offers digital financial services to help the underserved borrow, save, grow, and manage their money.

Explore

Tribal Credit

Business Payments

Emerging Markets

Lending

Payment Processing

Tribal offers a corporate card made for startups and SMEs looking for a better way to pay business expenses.

Explore

Wave

Emerging Markets

Wave allows users to send money for only 1%, and deposit, withdraw, and pay bills for free across Africa.

Explore

Wyre

APIs

Payment Processing

Wyre is a blockchain based payments platform empowering cross-border businesses with frictionless payments.

Other Funding

Explore the Matching Fund

For early stage startups (pre-Series B) seeking an investment of $500,000 or less, please see the Matching Fund.

We match investments raised from outside investors of up to $500,000 USD and process deals through an expedited process.

Find Out More

News & Press Releases

Press

Stellar Development Foundation Enterprise Fund Invests $10 Million in NetXD

Partnerships

Strategic Investments

View

Press

Stellar Development Foundation Enterprise Fund Invests $5 Million in Wave

Partnerships

Strategic Investments

View

Article

Caroline Young

Tala Joins the Stellar Ecosystem to Build Out Digital Banking Capabilities

Tala

Digital banking

View

Press

Stellar Development Foundation Enterprise Fund Invests $15 Million in Airtm

Strategic Investments

Partnerships

Project Updates

View

Press

Stellar Development Foundation Invests $3 Million in Tribal Credit

Strategic Investments

Partnerships

Project Updates

View

Press

Stellar Development Foundation Enterprise Fund Invests in Nigeria-Based Cowrie

Partnerships

Strategic Investments

View

Article

Andrea Lo

Announcing the Matching Fund

Matching fund

Enterprise fund

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