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Stellar Development Foundation
Work Here?
Nonprofit providing open-source financial access
Stellar Development Foundation
Work Here?
Nonprofit providing open-source financial access
About Stellar Development Foundation
Industries
Fintech
Social Impact
Crypto & Web3
Company Size
201-500
Company Stage
Seed
Total Funding
$3M
Headquarters
San Francisco, California
Founded
2014
Overview
Stellar Development Foundation focuses on creating an open financial platform that is accessible to everyone. The platform allows users to send, save, and receive money with low fees, making financial transactions easier for both individuals and businesses. Stellar uses blockchain technology to ensure that these transactions are secure and transparent. Unlike many financial services that charge high fees, Stellar aims to provide a cost-effective solution for money transfers and savings. The foundation's goal is to democratize financial services and promote financial inclusion worldwide, helping to break down barriers that prevent people from accessing essential financial tools.
Simplify's Take
What believers are saying
- Stellar's partnership with AEON expands blockchain payments in Southeast Asia.
- Integration with MoneyGram increases accessibility of cryptocurrency for everyday transactions.
- Stellar's Anchor Network bridges traditional and decentralized financial systems.
What critics are saying
- Competition from Ethereum and Solana could dilute Stellar's market share.
- Cryptocurrency market volatility may affect user trust in Stellar's products.
- Regulatory scrutiny on stablecoins like USDC could impact Stellar's operations.
What makes Stellar Development Foundation unique
- Stellar offers a decentralized, scalable network for financial products and services.
- The Foundation supports a global clientele with minimal fees and transparent transactions.
- Stellar's partnerships with financial institutions enhance its cross-currency transaction capabilities.
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Funding
Total Funding
$3M
Meets
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Flexible Work Hours
Paid Vacation
Paid Sick Leave
Paid Holidays
Parental Leave
401(k) Company Match
401(k) Retirement Plan
Gym Membership
Family Planning Benefits
Fertility Treatment Support
Wellness Program
Professional Development Budget
Conference Attendance Budget
Commuter Benefits
Phone/Internet Stipend
Home Office Stipend
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↓ -6%As cryptocurrency makes strides toward real-world spending accessibility, payment card and security solutions provider CompoSecure announced the integration of its Arculus Cold Storage Wallet with MoneyGram Access. The move lets users convert physical cash to digital USDC stablecoins and withdraw cash at MoneyGram locations worldwide, according to a Monday (April 21) press release. According to the release, this integration allows users to deposit cash at participating MoneyGram locations and receive Circle USDC on the Stellar blockchain, which can be managed within the self-custody Arculus crypto wallet. Users can also withdraw local currency from their digital USDC holdings at over 440,000 MoneyGram retail locations across more than 200 countries and territories, the release said
On 17 April 2025, AEON Group, South Asia's largest retail conglomerate, announced its partnership with Stellar Development Foundation (SDF) to facilitate the introduction and implementation of a blockchain-based payment infrastructure across the region.
When Stellar launched its ICO in 2014, it was a defining moment in blockchain history.
COCA.xyz has secured strategic funding from the Stellar Development Foundation and FunFair Ventures to enhance stablecoin payments adoption in 200+ countries. The funding will support COCA's non-custodial platform, which offers Visa debit cards, IBANs, and features like MPC security, Universal Gas Token, zero-fee swaps, and crypto cashback rewards. COCA aims to integrate deeply with the Stellar ecosystem, expanding services like MoneyGram remittances and Soroban smart contracts.
In other developments, Stellar has launched the Anchor Network, a system designed to connect traditional finance (TradFi) with decentralized finance (DeFi).
Stellar Development Foundation is Hiring for 31 Jobs on Simplify!
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About Stellar Development Foundation
Industries
Fintech
Social Impact
Crypto & Web3
Company Size
201-500
Company Stage
Seed
Total Funding
$3M
Headquarters
San Francisco, California
Founded
2014
Stellar Development Foundation is Hiring for 31 Jobs on Simplify!
Find jobs on Simplify and start your career today