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Supporting developers, startups, and full-fledged companies building on Stellar and Soroban
© 2025 Stellar Development Foundation
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By Tender
Tender Checkout
What: An embeddable payment widget, POS terminal and hosted checkout page that allows any business to accept cryptocurrency payments, including BTC, ETH, USDC, XLM, XRP, and AVAX.
How Stellar is used: All incoming payments are settled into USDC (Merchant settings) on the Stellar network via NEAR Intents per Merchant settings. This positions Stellar as the universal settlement layer, regardless of which blockchain the customer uses to pay.
Impact: Merchants benefit from a single settlement asset and a unified balance, eliminating the complexity of managing multi-chain treasuries. It also offers faster and cheaper settlement compared to Ethereum-based alternatives.
Tender Payouts
What: A one-click system for merchants to convert crypto revenue into local fiat currency through global payout rails.
How Stellar is used: The system uses the Stellar Anchor Platform (SEP-24/31) to connect to regulated fiat rails for bank transfers and mobile money. Additionally, MoneyGram Access enables cash withdrawals at over 350,000 locations across 200+ countries.
Impact: This allows merchants in emerging markets (such as Nigeria and Kenya) to accept crypto and receive local currency, removing a major barrier to crypto adoption for physical businesses.
Tender Disbursements
What: A bulk payment tool designed for payroll, vendor payouts, NGO distributions, and large-scale enterprise disbursements.
How Stellar is used: It leverages the Stellar Disbursement Platform (SDP) to manage recipient registration, compliance, and mass USDC transfers over Stellar’s high-speed, low-fee network.
Impact: This enables NGOs and enterprises to execute low-cost, auditable, cross-border bulk payments, opening up a new customer segment for the Tender platform.
Tender YIELD
What: An optional feature that allows merchants to earn returns on their idle crypto balances rather than leaving them dormant.
How Stellar is used: Idle USDC is deployed into Blend v2 lending pools on Soroban. Merchants can track their yield in real-time directly through their dashboard.
Impact: This turns a merchant's treasury from "dead capital" into revenue-generating infrastructure, providing a unique competitive advantage over other crypto payment processors.
Tender Dashboard & API
What: A unified merchant interface and REST API used to manage payments, payouts, disbursements, and yield in a single location.
How Stellar is used: Because all operations settle on Stellar, the dashboard pulls data from Horizon/RPC to provide real-time status updates on transactions, payout tracking, yield accrual, and disbursement monitoring.
Impact: Merchants gain a "single pane of glass" view of their entire crypto payment lifecycle, fully powered by Stellar’s infrastructure.
$120.0K
Transaction Volume
Total Volume: Over $19M in processed transactions across major assets including BTC, ETH, Stellar, XRP, AVAX, and stablecoins (USDC, USDT).
On-Chain Verification: You can view some live transaction clusters and flow via the Arkham Intelligence Visualizer.
Active Merchants
Tender has established itself as the leading crypto payment processor for physical retail in Nigeria, currently powering approximately 90% of in-person crypto sales in the country. Notable active merchants include:
Ashluxe: A premier luxury fashion retailer.
Vein Lagos: A high-end hospitality and nightlife space.
Folixx Bukka: A well-known restaurant chain.
Secret Palace: A major player in hospitality and nightlife.
Smileys: A popular dining and entertainment venue.
Catlog: A specialized e-commerce platform.
PUBLIC VISIBILITY
Strategic Partnerships: Recently highlighted a partnership with the Movement (L2 blockchain) ecosystem.
Live Infrastructure: The production-ready merchant dashboard is accessible at tender.cash.
MARKET POSITION
Targeted Focus: Tender prioritizes high-value and high-frequency environments like luxury retail and nightlife where transaction reliability is the top priority.
Proven Track Record: Successfully scaled in Nigeria, which represents the largest crypto economy in Africa.
Growth Strategy: The platform is aggressively expanding its payout, off-ramping, and disbursement features, specifically leveraging Stellar integration to streamline these processes.
Tranche 1: Core Settlement & Cross-Chain Routing
Total Budget: $36,000
Estimated Timeline: 6 weeks after kickoff
Deliverable 1: Stellar Settlement Engine
This is the foundational infrastructure upon which all other features are built. It involves creating the core module to manage merchant USDC balances on the Stellar network.
Key Tasks: Stellar account management, trustline setup, USDC balance tracking, and setting up environments for integration partners (Anchor, MoneyGram, SDP, Blend, and NEAR).
Success Metrics: A Testnet demo showing a simulated merchant payment being credited as USDC on the Stellar testnet, visible within the Tender dashboard.
Timeline: Completion by Week 3.
Budget: $12,000.
Deliverable 2: NEAR Intents Cross-Chain Routing
This module allows Tender to accept payments from "external" chains (like Ethereum or Bitcoin) and automatically convert them into USDC on Stellar.
Key Tasks: Integrate the NEAR Intents 1Click API, build the intent creation service, manage solver callback handlers, and establish settlement confirmation logic.
Success Metrics: A recorded end-to-end testnet demo: A simulated ETH payment triggers a NEAR Intent, resulting in USDC delivery on the Stellar testnet. The transaction must be visible on Stellar Expert.
Timeline: Completion by Week 5.
Budget: $14,000.
Deliverable 3: Anchor Platform Integration (SEP-24)
This deliverable enables the critical "off-ramp" feature, allowing merchants to turn their digital USDC into local fiat currency (like NGN or USD).
Key Tasks: Implement the SEP-24 interactive flow, build the payout request interface, and handle anchor discovery (SEP-1), authentication (SEP-10), and deposit/withdrawal handlers.
Success Metrics: A testnet demo showing a merchant initiating a payout from the dashboard, completing the interactive flow, and seeing a real-time payout status.
Timeline: Completion by Week 6.
Budget: $10,000.
Tranche 2: Payouts, Disbursements & Yield
Total Budget: $36,000
Estimated Timeline: 12 weeks after kickoff
Deliverable 1: MoneyGram Access Integration
This deliverable focuses on physical cash accessibility, allowing merchants to withdraw their settled funds at over 350,000 global locations.
Key Tasks: Integrate the MoneyGram Access API, build the USDC-to-XLM conversion flow via the Stellar DEX, and develop the payout submission and status tracking interface.
Success Metrics: A testnet demo showing a merchant requesting a cash-out, the conversion to XLM, the generation of a MoneyGram reference number in the dashboard, and real-time status updates.
Timeline: Completion by Week 8.
Budget: $9,500.
Deliverable 2: Stellar Disbursement Platform (SDP) Integration
This module enables "one-to-many" payments, perfect for businesses handling payroll or NGOs distributing aid.
Key Tasks: Integrate the SDP backend API, create a CSV upload flow for bulk addresses, and build a real-time tracking UI for individual recipient statuses.
Success Metrics: A testnet demo where a merchant uploads a CSV of 10+ recipients, triggers a bulk USDC payment, and tracks each payment's success on the dashboard and Stellar Expert.
Timeline: Completion by Week 10.
Budget: $9,500.
Deliverable 3: Blend v2 Yield Integration
This feature introduces decentralized finance (DeFi) capabilities directly into the merchant experience via Soroban smart contracts.
Key Tasks: Build the interaction layer for Blend v2 (supply, withdraw, claim), create an "Opt-in" yield flow, and implement automated logic for depositing excess USDC into lending pools.
Success Metrics: A testnet demo showing a merchant enabling the "Earn Yield" feature, setting a reserve threshold, and seeing real-time yield accrual from the Blend v2 pool.
Timeline: Completion by Week 11.
Budget: $10,000.
Deliverable 4: Unified Payout & Yield Dashboard
The final step is the "Single Pane of Glass"—merging all the technical back-end integrations into one intuitive user interface.
Key Tasks: Design and build the unified merchant view that includes payout method selection (Anchor vs. MoneyGram), transaction history, yield analytics, and disbursement tracking.
Success Metrics: A fully functional dashboard accessible via a public URL, showcasing all five integrations working in harmony with real-time data.
Timeline: Completion by Week 12.
Budget: $7,000.
Tranche 3: Mainnet Launch & Production Readiness
Total Budget: $48,000
Estimated Timeline: 16 weeks after kickoff
Deliverable 1: Mainnet Deployment & End-to-End Testing
This critical phase moves the entire ecosystem from the sandbox to the live Stellar mainnet, ensuring every integration works flawlessly with real value.
Key Tasks: Deploy all five core integrations (Anchor Platform, MoneyGram, SDP, Blend v2, and NEAR Intents) to mainnet. This includes rigorous testing of error handling, retry logic, and complex edge cases across the entire payment lifecycle.
Success Metrics: All five integrations are live on the Stellar mainnet. A comprehensive report will be published confirming successful cross-chain settlement, fiat off-ramping, MoneyGram cash-outs, bulk disbursements, and yield operations—with at least 3 real transactions per flow verified on Stellar Expert.
Timeline: Completion by Week 14.
Budget: $17,000.
Deliverable 2: Merchant Onboarding & Real-World Validation
This step moves beyond technical testing to actual business utility by onboarding Tender's existing merchant base.
Key Tasks: Onboard at least 3 active Tender merchants to the Stellar-powered features. The team will collect direct feedback, resolve any real-world integration friction, and validate the flow of real fiat off-ramps.
Success Metrics: Signed confirmation from 3+ merchants who have successfully received Stellar-settled payments, completed a fiat payout, and interacted with the yield features.
Timeline: Completion by Week 15.
Budget: $14,000.
Deliverable 3: API Documentation & Developer Guide
To ensure scalability and ease of use for future partners, this deliverable focuses on clear, technical communication.
Key Tasks: Publish complete API documentation and a developer integration guide. This covers everything from webhooks and error codes to quickstart examples for settlement, payouts, disbursements, and yield.
Success Metrics: Publicly accessible documentation (e.g., at docs.tender.cash) and an updated GitHub README featuring code examples for every major integration endpoint.
Timeline: Completion by Week 15.
Budget: $7,000.
Deliverable 4: Production Monitoring & Alerting
The final deliverable ensures the long-term stability and reliability of the platform through a robust monitoring stack.
Key Tasks: Deploy monitoring tools to track transaction settlements, payout statuses, yield positions, and SDP disbursements. Set up automated alerting for failed settlements or anomalous activity.
Success Metrics: A live monitoring dashboard showing the real-time health of all five integrations, with tested alerting rules and an uptime target of 99.5% or higher.
Timeline: Completion by Week 16.
Budget: $10,000.
Tender is built by a 6-person team with deep experience across payments, fintech, blockchain infrastructure, and scalable systems. The team has collectively built and operated payment and crypto infrastructure used in high-volume, real-world environments across multiple countries.
Habeeb Bombata – Founder & CEO
Product and payments veteran with experience building global financial products. Previously built at Flutterwave (YC W20), Anchor (YC W22), Paxful, Bento, and Protoch, where he worked on crypto payout systems serving 80+ countries.
LinkedIn: https://www.linkedin.com/in/nottherealillest/
Gbolahan Onadeko – Co-founder & CTO
Serial builder in crypto payments and blockchain infrastructure. Previously at Protocoh, and RocRemit (blockchain remittances). Leads Tender’s technical architecture, APIs, and multi-chain integrations.
LinkedIn: https://www.linkedin.com/in/flarcos/
Joshua Akinsuyi – Co-founder & SRE
Infrastructure and reliability engineer with 7+ years of experience building scalable payment systems across cloud, DevOps, and crypto platforms.
LinkedIn: https://www.linkedin.com/in/joshua-akinsuyi/
Ekanem David – Software Engineer
Full-stack engineer with 5+ years experience building Web3, fintech, and cloud applications at Movement Labs, Merchables, and Arkland Group.
Ayodeji Ajibola – Software Engineer
Software engineer with 5+ years experience building payment infrastructure, wallets, and ledger systems at American Express, Abacus, and Helicarrier.
Casmir C – Software Engineer
Blockchain-focused software engineer experienced in building Web3 and payment systems across Tender, PayTerminal, and Celo Camp.
beardkoda
Habeeb Bombata
Gbolahan Onadeko
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