Kulipa provides infrastructure that enables issuance of payment cards funded by stablecoin balances and accepted on traditional global payment networks. The platform aims to let payroll companies, cross-border payments firms, neobanks and expense-management providers convert onchain stablecoin balances into real-world spending, while reducing the need for pre-funded structures and enabling direct wallet integrations. Kulipa assumes fraud liability for programs it issues and holds regulatory coverage in the EU, Argentina and Nigeria. The company was founded in 2023 and launched its issuance infrastructure in February 2025. Since launch it reports issuing over 120,000 cards and signing 20 clients, including Flutterwave, Solflare, nSave and Ready. Kulipa plans to expand into the United States via BIN sponsorship and to scale its card issuance partnerships.

Total raised

$9M

Funding rounds

2

Latest round

Seed

Latest activity

Apr 2026