ChainCatcher news, according to The Block, crypto payment startup Kulipa announced earlier this month that it has completed a $3 million seed round of financing, led by Fabric Ventures and White Star Capital.Founded in 2023 and based in Paris, the startup aims to provide a platform for issuing crypto payment cards for non-custodial wallets. Kulipa can settle stablecoin transactions across multiple blockchains, including Ethereum, several Ethereum Layer 2s, and Solana. Kulipa is one of five blockchain startups in Mastercard's latest Start Path incubator program.

ChainCatcher news, according to The Block, cryptocurrency wallet provider Argent is collaborating with Mastercard and blockchain startup Kulipa to launch a new crypto payment card. The agreement will utilize Starknet's zero-knowledge technology.Kulipa co-founder and CEO Axel Cateland stated, "We are proud to launch Argent as our first non-custodial wallet and to partner with Mastercard to continue contributing to the adoption of everyday crypto payments globally."The Kulipa branded card will convert Circle's USDC or Paxos branded stablecoins into fiat currency in the background, meaning merchants do not need to integrate crypto payment tools. The press release stated, "This process ensures that any Mastercard user and merchant globally can enjoy a seamless debit card payment experience, with on-chain settlement possible on almost any blockchain."