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ease
features
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support

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Description

A deployed cluster, referred to as a constellation, is made up of a primary server, known as the alpha, along with 5 to 19 auditor servers. These servers are operated by different organizations or business entities, each of which publicly verifies its identity through a standard Stellar ed25519 public key. Since the organizations that comprise the constellation and their public keys are unlikely to change frequently, including these public keys in client software is advantageous for enabling direct signature verification on the client side. The funds collected from clients are held in a single Stellar account, known as the vault, which is secured by an M-of-N multi-signature scheme, where N represents the total number of independent servers in the constellation, and M is defined as the majority of votes (more than 50%) plus one. To execute any withdrawal, the majority of signatures from the quorum participants is required, a process safeguarded by the Stellar ledger's integrity. Transactions such as payments and trades are confirmed instantaneously, with a finality achieved within five seconds, thus ensuring a rapid and secure financial environment. This combination of technology and governance provides a robust framework for managing assets within the constellation.

Description

StellarFi is a financial technology platform dedicated to assisting individuals in enhancing or establishing their credit by transforming routine bill payments into chances for credit improvement. At the heart of StellarFi lies a customizable payment card along with a robust system for bill payment and credit reporting; users connect their existing bank accounts, specify which recurring bills—such as rent, utilities, and subscriptions—they wish to manage, and StellarFi handles those payments promptly on their behalf, subsequently withdrawing the same amount from the user’s account. Each transaction is reported on a monthly basis to leading credit bureaus like Experian, Equifax, and TransUnion as a payment on a credit account, thereby changing standard bills into a positive payment history that can gradually elevate credit scores. The StellarFi card functions similarly to a line of credit: by consistently using the card for bill payments and having these transactions recorded, users can cultivate a reliable payment history, improve their credit utilization ratio, diversify their credit portfolio, and create a formal credit account. As a result, StellarFi not only aids in credit score enhancement but also empowers users to take charge of their financial futures through proactive management of their regular expenses.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Equifax BusinessConnect
Experian Connect
Stellar
TransUnion Collections Management

Integrations

Equifax BusinessConnect
Experian Connect
Stellar
TransUnion Collections Management

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Centaurus

Website

github.com/centaurus-project/centaurus

Vendor Details

Company Name

StellarFi

Founded

2021

Country

United States

Website

stellarfi.com

Product Features

Product Features

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