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Kulipa raises $6.2 million seed to pursue U.S. expansion

Paris-based stablecoin card issuance infrastructure platform Kulipa has raised $6.2 million in seed funding as it moves to enter the U.S. market. The round was co-led by Flourish Ventures and 1kx, with participation from White Star Capital and Fabric Ventures, and closed in December. The funding brings Kulipa’s total capital raised to $9.2 million. The company said it has issued more than 120,000 cards since launching its infrastructure in February 2025.