Funding Received
$3 Million in 1 Round from 1 Investor
Most Recent Funding
$3 Million Seed on August 1, 2014
Headquarters:
San Francisco, CA
Description:
The Stellar Development Foundation is a nonprofit organization building a common financial platform
Categories:
Nonprofits, Bitcoin, Payments
Website:
http://www.stellar.org

Company Details

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Founded:
2014
Employees:
1 in CrunchBase

Stellar is a decentralized protocol for sending and receiving money in any pair of currencies.

This means users can, for example, send a transaction from their Yen balance and have it arrive in Euros, Yen, or even bitcoin. We’re expecting to support the usual categories of transactions: payments to a merchant, remittances back home, or rent splits with a roommate.

You can hold a balance with a gateway, which is any network participant you trust to accept a deposit in exchange for credit on the network. Stellar also comes with a built-in digital currency, referred to as the stellar, which we’re giving away for free. The currency will have value (as determined by the market); however, its primary function is providing a conversion path between other currencies.

Current Team (1)

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Funding Rounds (1) - $3M

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Investors (1)

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  • Es7ke4rt35iofen7cfmi

    Stripe

    A set of unified APIs and tools that instantly enable businesses to accept and manage online...

Offices/Locations (1)

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  • HQ

    San Francisco, CA

    USA