Kulipa was a stablecoin-native card-issuing infrastructure platform that enabled fintechs and crypto wallets to issue white-label payment cards funded by stablecoins, but ceased card-platform operations in late July 2026 amid reported solvency concerns. Kulipa's Twitter Score is 10 out of 1000 as of October 2026, ranking #91,878 among 493,668 tracked accounts.
Kulipa was co-founded by Axel Cateland as Co-Founder and CEO and Michael Shynar as Co-Founder and CTO. Its core offering was an API-based infrastructure stack covering card issuance, virtual accounts, stablecoin settlement, embedded wallets, payroll, remittances, and spend-management products, with Circle's USDC as the supported stablecoin. Kulipa was also a member of the Circle Alliance program during its operational period.
Kulipa raised a $3 million pre-seed round in July 2024 and was selected for Mastercard's Start Path incubator program at the same time. In April 2026, it closed a $6.2 million seed round co-led by Flourish Ventures and 1kx, bringing total reported funding to $9.2 million, with additional backing from White Star Capital and Fabric Ventures. Among its partnerships, Kulipa worked with Argent (later rebranded Ready) on a self-custodial crypto debit card, handling compliance and onchain USDC balance verification on that product.
Kulipa shut down its card platform in late July 2026, disrupting partner card programs, with reports citing solvency concerns. The UK legal entity KULIPA LIMITED remained registered as active following the operational shutdown. Kulipa's account has posted 293 times and has been mentioned by 40 accounts a total of 80 times.
Who follows Kulipa on X?
The accounts that follow Kulipa include 53 founders, 10 angel investors, 18 influencers and 2 VCs, among them 0xMaki, Lito, Ready, Stacy Muur, Ryan Berckmans and Max Segall.