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What is StellarFi?

StellarFi is a fintech platform designed to help individuals build or improve their credit by turning everyday bill payments into opportunities for credit enhancement. Central to StellarFi's offerings is a customizable payment card and a sophisticated system for managing bill payments and credit reporting; users can link their current bank accounts and select which regular bills—such as rent, utility bills, and subscription services—they wish to oversee, with StellarFi ensuring timely payments are made on their behalf while withdrawing the same amount from the user’s bank account. Every month, these transactions are reported to major credit bureaus like Experian, Equifax, and TransUnion as payments on a credit account, thus converting ordinary bills into a beneficial payment history that can help improve credit scores over time. The StellarFi card operates much like a line of credit: by regularly utilizing the card for bill payments and having these activities documented, users can establish a solid payment history, enhance their credit utilization ratio, broaden their credit mix, and develop a formal credit account. Consequently, StellarFi not only supports users in boosting their credit scores but also enables them to take control of their financial destinies through strategic management of their routine expenditures. This innovative approach to credit building offers individuals a practical way to integrate credit improvement into their daily lives, leading to a more stable financial future.

What is Centaurus?

A constellation is a deployed cluster that comprises a primary server, known as the alpha, along with a range of 5 to 19 auditor servers operated by various organizations or business entities, each of which publicly authenticates its identity using a standard Stellar ed25519 public key. The stability of the organizations involved and their public keys, which are not expected to change often, makes it beneficial to incorporate these public keys into client software for straightforward signature verification on the client side. Funds that are gathered from clients are stored in a singular Stellar account called the vault, which is protected by an M-of-N multi-signature framework; here, N denotes the total number of independent servers within the constellation, while M is defined as the majority of votes plus one, requiring more than 50% of the signatures. For any withdrawal to be carried out, the majority of signatures from the quorum participants must be obtained, a procedure that is bolstered by the Stellar ledger's inherent integrity. Transactions, including payments and trades, are confirmed almost instantly, achieving finality within five seconds, thereby facilitating a swift and secure financial ecosystem. This synergy of advanced technology and governance structures establishes a resilient foundation for asset management within the constellation, promoting trust and efficiency among participating entities. The clarity in the operational framework and security measures ensures that participants can confidently engage in transactions knowing their assets are well-protected.

Media

Media

Integrations Supported

Equifax BusinessConnect
Experian Connect
Stellar
TransUnion Collections Management

Integrations Supported

Equifax BusinessConnect
Experian Connect
Stellar
TransUnion Collections Management

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

StellarFi

Date Founded

2021

Company Location

United States

Company Website

stellarfi.com

Company Facts

Organization Name

Centaurus

Company Website

github.com/centaurus-project/centaurus

Categories and Features

Categories and Features

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