Monday, April 20, 2026Global tech, startups & capital — covered for Africans.
Africa-focused payment platform enabling access to bank accounts and mobile wallets via USSD.
Auto-discovered — editorial review pending
Stax is an Africa-focused USSD-based payment platform that secured a $500,000 grant from the Stellar Development Foundation’s (SDF) Matching Fund. It enables users across Africa to access their bank accounts and mobile wallets in one place without using mobile data, and transfer funds between accounts via automated USSD codes. The grant received will be used for the development of an affordable, borderless mobile wallet on the Stellar blockchain.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Sep 23, 2022 | $500K | — |
