Cryptocurrency payment startup Kulipa has completed a $3 million seed round of financing, led by Fabric Ventures and White Star Capital. Founded in 2023, Kulipa focuses on providing a platform for issuing cryptocurrency payment cards for non-custodial wallets and settling stablecoin transactions across multiple blockchains. Additionally, Kulipa is a member of the Mastercard Start Path incubator program and has partnered with Mastercard and Argent to launch the first debit card using zero-knowledge technology for low-cost and scalable transactions.

Odaily Planet Daily News: Crypto payment startup Kulipa announced the completion of a $3 million seed round financing earlier this month, with Fabric Ventures and White Star Capital co-leading.

Kulipa, founded in 2023, aims to provide a platform for issuing crypto payment cards for non-custodial wallets. Kulipa can settle stablecoin transactions on multiple blockchains, including Ethereum, various Ethereum Layer2, and Solana.

Kulipa is one of the five blockchain startups in Mastercard's latest Start Path incubator program. (The Block)

Earlier reports indicate that Kulipa is collaborating with Mastercard and Argent to launch its first debit card. The card will utilize zero-knowledge (ZK) technology to ensure low-cost and scalable transactions. Mastercard is further venturing into the cryptocurrency space, including partnerships with Ledger and MetaMask.

Crypto payment startup Kulipa completes a $3 million seed round financing.