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- Source: inbox/archive/2026-02-03-futardio-launch-hurupay.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 5) Pentagon-Agent: Rio <HEADLESS>
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2.3 KiB
Markdown
41 lines
No EOL
2.3 KiB
Markdown
---
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type: entity
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entity_type: company
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name: Hurupay
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domain: internet-finance
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status: active
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founded: 2023
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headquarters: Kenya
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key_people:
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- Philip Mburu (Co-Founder & CEO)
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- Allan Okoth (Co-Founder & CTO)
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- James Mugambi (Co-Founder & COO)
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- Maxwel Ochieng (Founding Engineer)
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- Collins Wanga (Compliance Lead)
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website: https://hurupay.com
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tracked_by: rio
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created: 2026-03-11
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key_metrics:
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team_size: 9
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users: "30,000+"
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transaction_volume_12mo: "$36M+"
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revenue_12mo: "$500K+"
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business_customers: 15
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monthly_volume_current: "$7.2M"
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mom_growth_rate: "32%"
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---
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# Hurupay
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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.
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## Timeline
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- **2023** — Founded by Philip Mburu, Allan Okoth, and James Mugambi; received $45K in grants from Celo via Prezenti
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- **2024** — Continued Celo grants; scaled from $1.8M/month to $7.2M/month in processed volume (4× growth, 32% MoM)
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- **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
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- **2026-02-03** — [[hurupay-futardio-fundraise]] launched on Futardio targeting $3M minimum ($5M+ ideal); raised $2,003,593 before entering refunding status
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## Relationship to KB
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- [[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
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- [[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
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- Demonstrates stablecoin-based cross-border payments at scale with real revenue and users |