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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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| type | entity_type | name | domain | status | founded | headquarters | website | key_people | key_metrics | tracked_by | created | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | Hurupay | internet-finance | active | 2023 | Kenya | https://hurupay.com |
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rio | 2026-03-11 |
Hurupay
Hurupay is a stablecoin-native cross-border payments platform focused on the "last mile" of onchain FX—where stablecoins become usable money through payroll, wages, and cash-out workflows. The company enables 24/7 instant swaps between USD and non-USD stablecoins embedded directly into payment flows, abstracting crypto complexity behind familiar banking experiences.
Founded in Kenya, Hurupay has processed $36M+ in transaction volume over 12 months with 30,000+ users across Asia, Africa, Europe, and the U.S. The platform generates revenue through deposit fees (~0.5-2%) on both consumer and business sides.
Timeline
- 2023 — Company founded; received $45K in grants from Celo via Prezenti
- 2024 — Secured $150K investment from Founders Inc; received backing from angels at Microsoft and Bankless
- 2025 — Received grants from Base (4 ETH), Circle ($10K), and Stellar ($82K); partnered with top U.S. bank, Coins.ph, Circle Alliance, Base, Solana, and Stellar ecosystems
- 2026-02-03 — Launched $3M fundraise on Futardio (MetaDAO's futarchy launchpad); raised $2M+ in committed capital
- 2026-02-07 — Futardio fundraise closed with REFUNDING status
Relationship to KB
- futardio — raised capital through futarchy-governed ICO
- MetaDAO — used MetaDAO's launchpad infrastructure
- Demonstrates internet-capital-markets-compress-fundraising-timelines with sub-week raise
- Example of stablecoin-native fintech targeting emerging market payment corridors