Kulipa, a stablecoin payment card infrastructure service provider, has raised $6.2 million in seed funding, co-led by Flourish Ventures and 1kx.

Huoxun Finance reports that Kulipa, a stablecoin payment card infrastructure service provider, has announced the completion of a $6.2 million seed funding round, co-led by Flourish Ventures and 1kx, with participation from White Star Capital and Fabric Ventures. The company helps fintech companies issue white-label stablecoin payment cards without requiring them to manage card operations themselves. Kulipa founder and CEO Axel Cateland revealed that the funding round was completed last December using a Simple Equity in the Future (SAFE) financing model, but declined to disclose details such as the start date of the funding process, the phased structure, company valuation, and board seat allocation.