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, jointly led by Flourish Ventures and 1kx, with White Star Capital and Fabric Ventures also participating. The company helps fintech firms issue white-label stablecoin payment cards without having to manage card operations themselves. As Kulipa founder and CEO Axel Cateland revealed, this round of funding was actually completed in December last year, using the future equity simple agreement (SAFE) financing model, but he declined to disclose details such as when the funding process began, the tranche structure, the company valuation, and board seat allocations. (Source: ChainCatcher)

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