SCF9 grant awarded in XLM · Fintech

Alfred Pay wins Stellar Community Fund award valued at $215,000

The December 2021 award was denominated in XLM and supported the remittance platform’s rollout.

Alfred Pay was named a winner of the ninth Stellar Community Fund round on December 20, 2021. The award was valued at $215,000 in XLM, using the programme’s December 16 valuation reference.

The remittance platform connected stablecoins with local currencies through financial institutions and cash networks. The grant supported a planned rollout in the United States, Dominican Republic and Haiti.

Funding history

SCF9 grant awarded in XLM · This round$215K

Sources

  1. Alfred financing announcementmedium.com · Dec 20, 2021