Six Nigerian-founded projects have received a combined $521,700 in funding from round 44 of the Stellar Community Fund (SCF), Stellar Nigeria announced on X.
Yolat led the awards at $110,000, followed by Jumpa $89,700, Azza $89,000, Choppaddi $80,000, Paycashless $78,000 and Blink $75,000.
What the projects selected by Stellar are building
Yolat is a cross-border money transfer platform that lets users send and receive funds internationally, positioning itself around fast settlement and competitive exchange rates.
Choppaddi is a marketplace combining e-commerce with stablecoin-based payments, aiming to let users “shop everything and pay anyone” without currency friction. The startup was founded by Chijioke Ogbechie, who died in December 2025, with co-founders Chukwuemeka “DoctorVee” and Progress Ochuko Eyaadah now leading the venture.
Jumpa, according to posts from co-founder Anita Ndukwe and the FoundersHub accelerator on X, is building a cross-border payments platform aimed at cutting transaction delays for businesses and individuals moving money across African borders.
Blink lets users spend stablecoins, including USDC on Stellar, Solana and Base, and USDT on Tron, at physical checkouts via Bluetooth, with merchants settling instantly in local currency.
Azza offers crypto buying, selling and peer-to-peer transfers through a WhatsApp-based AI agent, letting users send crypto using only a phone number.
Paycashless provides payment collection tools for businesses, including a virtual point-of-sale system, bank transfers, invoicing and payouts, and says it serves more than 150 merchants.
Also read: Funding: 32 African startups raised $110m in April, the lowest in 12 months
About the fund
The SCF is the Stellar Development Foundation’s recurring grant programme, funding projects that build on the Stellar blockchain across open-application, ecosystem-integration and infrastructure-request tracks. Round 44, which closed for submissions in June, ran under a newly restructured framework and reportedly distributed several million dollars in XLM tokens across dozens of winning projects globally, with individual grants capped at $150,000.
Stellar Nigeria, the network’s local community arm, distinct from the global Stellar Development Foundation, has previously backed Nigerian fintech infrastructure and hosts recurring hackathons and builder programmes in the country.
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