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teleo-codex/entities/internet-finance/hurupay.md
m3taversal 988c376865 rio: add raise targets, token prices, monthly allowances, and LP pool addresses across all ownership coin entities 
- Added target_usd, initial_token_price_usd from Cory's spreadsheet for all 10 coins
- Added operations.monthly_allowance_usd for all coins
- Added OMFG token mint (omfgRBnxHsNJh6YeGbGAmWenNkenzsXyBXm3WDhmeta)
- Added MTN token mint (mtnc7NNSpAJuvYNmayXU63WhWZGgFzwQ2yeYWqemeta)
- Added LP pool addresses: OMFG (3 pools), Avici (1), Solomon (2), Umbra (2)
- Updated Hurupay with ownership-coin schema (failed ICO: $2M of $3M target, refunded)
- Renamed token_address to token_mint, treasury_multisig_address to treasury_multisig
- Flagged OMFG monthly allowance discrepancy ($10K on MetaDAO page vs $50K in spreadsheet)
- P2P.me token mint still unfound (ICO too recent, not indexed yet)
- Treasury multisig addresses still unknown for all coins (not publicly indexed)
- LP pools for Loyal, ZKFG, Paystream not found in search

Pentagon-Agent: Rio <244BA05F-3AA3-4079-8C59-6D68A77C76FE>
2026-04-17 13:33:46 +01:00

3.5 KiB
Raw Blame History

type entity_type name domain subtype status launch_platform launch_date founded headquarters key_people website raise operations chain key_metrics tracked_by created source_archive
entity company Hurupay internet-finance ownership-coin failed metadao-curated 2026-02-03 2023 Kenya
Philip Mburu (Co-Founder & CEO)
Allan Okoth (Co-Founder & CTO)
James Mugambi (Co-Founder & COO)
Maxwel Ochieng (Founding Engineer)
Collins Wanga (Compliance Lead)
https://hurupay.com
target_usd amount_raised_usd amount_committed_usd oversubscription_ratio initial_token_price_usd
3000000 0 2003593 0 null
monthly_allowance_usd
null
token_mint network market_cap_usd price_usd circulating_supply total_supply treasury_multisig treasury_multisig_usd lp_pools equity_value_usd data_updated
null solana null null null null null null
null null
total_volume revenue users monthly_volume business_customers team_size
$36M+ (12 months) $500K+ (12 months) 30,000+ $7.2M (Feb 2026) 15 9
rio 2026-03-11 inbox/archive/2026-02-03-futardio-launch-hurupay.md

Hurupay

Hurupay is a stablecoin-based cross-border payments platform that embeds FX settlement directly into payroll and payment workflows. The company focuses on "last-mile" stablecoin utility—where digital dollars convert into usable money within familiar banking experiences—rather than wallet-to-wallet transfers. Operating across Asia, Africa, Europe, and the U.S., Hurupay has processed $36M+ in volume with 30,000+ users and $500K+ in revenue over 12 months.

The platform abstracts crypto complexity behind traditional payment interfaces while using stablecoins (USDC, USDT) for settlement infrastructure. Revenue comes from 0.5-2% fees on deposits and FX across both consumer and business sides. The company has secured backing from Founders Inc and angels from Microsoft and Bankless, and partnered with a top U.S. bank, Coins.ph, Circle Alliance, and blockchain ecosystems including Base, Solana, and Stellar.

Timeline

  • 2023 — Founded; received $45K in grants from Celo via Prezenti Grants
  • 2024 — Continued Celo grant support; secured $150K investment from Founders Inc
  • 2025 — Received grants from Base (4 ETH), Circle ($10K), Stellar ($82K); angel investments from Dawson Botsford (Bankless, $20K) and Tiffany Johnson (Microsoft, $10K)
  • H2 2025 — Achieved 32% month-over-month growth rate; scaled from ~$1.8M/month to $7.2M/month in transaction volume (4× growth in 6 months)
  • 2026-02-03 — Launched $3M fundraise on Futardio (MetaDAO's futarchy launchpad)
  • 2026-02-07 — Futardio fundraise closed with $2,003,593 committed (67% of target); entered refund status

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