SatoshiPay raises $550K via convertible loan from Stellar Development Foundation - The Block

in hive-116221 •  4 years ago 

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Blockchain payments startup SatoshiPay has raised $550,000 via a convertible loan from the Stellar Development Foundation (SDF).

The loan is contractually bound to convert into equity at SatoshiPay's next funding round, founder and CEO Meinhard Benn told The Block. SDF lent the money in its native token Stellar Lumen (XLM).


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4 years ago by

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