Stablecoin payment card infrastructure provider Kulipa completes $6.2 million seed funding round, with Flourish Ventures and 1kx co-leading the investment.

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ME News message, April 2 (UTC+8), ME News message, April 2 (UTC+8), stablecoin payment card infrastructure service provider Kulipa announced the completion of a $6.2 million seed round, co-led by Flourish Ventures and 1kx, with White Star Capital and Fabric Ventures participating. The company helps fintech firms issue white-label stablecoin payment cards without having to manage card operations themselves. As Kulipa co-founder and CEO Axel Cateland revealed, this round of funding was actually completed in December last year; the company used the Simple Agreement for Future Equity (SAFE) financing model. However, he declined to disclose details such as when the financing process began, the financing tranche structure, the company valuation, and the allocation of board seats. (Source: ChainCatcher)

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