---
type: entity
entity_type: company
name: Hurupay
domain: internet-finance
status: active
founded: 2023
headquarters: Kenya
key_people:
  - Philip Mburu (Co-Founder & CEO)
  - Allan Okoth (Co-Founder & CTO)
  - James Mugambi (Co-Founder & COO)
  - Maxwel Ochieng (Founding Engineer)
  - Collins Wanga (Compliance Lead)
website: https://hurupay.com
tracked_by: rio
created: 2026-03-11
key_metrics:
  team_size: 9
  users: "30,000+"
  transaction_volume_12mo: "$36M+"
  revenue_12mo: "$500K+"
  business_customers: 15
  monthly_volume_current: "$7.2M"
  mom_growth_rate: "32%"
---

# Hurupay

Hurupay is a stablecoin-based cross-border payments platform focused on the "last mile" of onchain FX—where stablecoins become usable money for payroll, wages, and cash-out. Operating globally from day one, Hurupay embeds 24/7 instant USD/non-USD stablecoin swaps into payroll and payment workflows, abstracting crypto complexity behind familiar banking experiences. The company has processed $36M+ in transaction volume, generated $500K+ in revenue, and serves 30,000+ users across Asia, Africa, Europe, and the U.S.

## Timeline
- **2023** — Founded by Philip Mburu, Allan Okoth, and James Mugambi; received $45K in grants from Celo via Prezenti
- **2024** — Continued Celo grants; scaled from $1.8M/month to $7.2M/month in processed volume (4× growth, 32% MoM)
- **2025** — Secured grants from Base (4 ETH), Circle ($10K), Stellar ($82K); raised $150K from Founders Inc and $30K from angels (Dawson Botsford/Bankless, Tiffany Johnson/Microsoft); partnered with top U.S. bank, Coins.ph, Circle Alliance, Base, Solana, Stellar
- **2026-02-03** — [[hurupay-futardio-fundraise]] launched on Futardio targeting $3M minimum ($5M+ ideal); raised $2,003,593 before entering refunding status

## Relationship to KB
- [[MetaDAO is the futarchy launchpad on Solana where projects raise capital through unruggable ICOs governed by conditional markets creating the first platform for ownership coins at scale]] — Hurupay used Futardio for fundraising
- [[futarchy-governed liquidation is the enforcement mechanism that makes unruggable ICOs credible because investors can force full treasury return when teams materially misrepresent]] — Hurupay launch entered refunding status, demonstrating mechanism
- Demonstrates stablecoin-based cross-border payments at scale with real revenue and users