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Crypto payment company Kulipa completes $3 million seed round of financing, led by Fabric Ventures and White Star Capital
2024-07-10 11:30
Odaily News Kulipa, a crypto payment startup, announced earlier this month that it had completed a $3 million seed round of financing, led by Fabric Ventures and White Star Capital. It is reported that Kulipa was founded in 2023 to provide a platform for non-custodial wallets to issue crypto payment cards. Kulipa can settle stablecoin transactions on multiple blockchains, including Ethereum, multiple Ethereum Layer2s, and Solana. Kulipa is one of the five blockchain startups in Mastercard's latest Start Path incubator program. (The Block) Earlier news, Kulipa is working with Mastercard and Argent to launch its first debit card. The card will use zero-knowledge (ZK) technology to ensure low-cost and scalable transactions. Mastercard is further moving into the cryptocurrency field, including partnerships with Ledger and MetaMask.