Washington D.C., june 16, 2022 – The Stellar Development Foundation (SDF) joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
“When we started in 2012, we were in an exploratory phase for the first few years. Since 2016, we’ve been implementing our mission to build a global membership to support better SME financing, and since then, we’ve established a network with over 240 active member institutions, which operate in over 190 countries sharing the common purpose of helping under-served enterprises.
We are delighted to welcome The Stellar Development Foundation to further grow our mission.” said Matthew Gamser, CEO of the SME Finance Forum.
The Stellar Development Foundation is a non-profit organization that supports the development and growth of Stellar, an open-source, decentralized network that connects the world’s financial infrastructure. Established in 2014, the Foundation helps maintain Stellar’s codebase, supports the developer, fintech, and business communities building on the network, and serves as an independent industry voice to regulators and institutions. The Foundation seeks to create equitable access to the global financial system, using the Stellar network to unlock the world’s economic potential through blockchain technology.
"By joining the SME Finance Forum, we hope to participate in the global policy discussion about the use of blockchain for cross-border and retail payments, as well as engage in broader conversation on the G20 – GPFI level.”, said Denelle Dixon, Chief Executive Officer, and Executive Director of The Stellar Development Foundation.
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative. The Forum operates a global membership network of +240 members that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list
About Stellar Development Foundation
The Stellar Development Foundation (SDF) is a non-profit organization founded in 2014 to support the development and growth of the open-source Stellar network. SDF and Stellar seek to unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered.
Learn more at: https://www.stellar.org/foundation?locale=en