Funding
Matching Fund investment disclosure · Fintech

Stellar Matching Fund invests $150,000 in Alfred

The investment backed payment connections between local currencies and blockchain networks in Latin America.

By RoundOS Funding desk

Alfred received a $150,000 investment through the Stellar Development Foundation’s Matching Fund during the fourth quarter of 2024. SDF disclosed the investment in its quarterly report, released on February 4, 2025.

Alfred connected local payment systems with blockchain networks through automation. The investment supported the use of USDC on Stellar and the expansion of cash deposit and withdrawal connections across Latin America.

Funding history

Matching Fund investment disclosure · This round$150K
SCF9 grant awarded in XLM$215K

Sources

  1. Alfred financing announcementstellar.org · Feb 4, 2025
  2. SDF Q4 2024 report, page 31 Matching Fund investmentscdn.sanity.io

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