Argent partners with Kulipa to launch crypto debit cards for 2 million users
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Introduction
Argent chose Kulipa to bring state-of-the-art debit cards to their 2 million users, creating a new way for them to easily spend their crypto worldwide. This is a crucial step towards their vision of bringing crypto benefits to a billion people worldwide.Eleanor, Ecosystem Lead at Fabric Venture, sat down with Itamar, Argent’s CEO, to discuss why they selected Kulipa and how the implementation went down.
Why did Argent launch a crypto debit card?
“Argent was founded in 2017 with a mission to give people full control over their assets and identity online. Initially, the team believed crypto could entirely bypass traditional finance. But the deeper we went into the space, the more we realized that users were stuck inside the crypto world without an easy way to exit and spend their assets in the real world.”
The solution was a seamless bridge between both worlds, allowing users to spend their crypto just like they would with a traditional bank account.
How did the Argent x Kulipa card launch go?
”The launch of the Argent x Kulipa card exceeded expectations at every stage. From the early demo in the summer to the official launch, the response from the community was overwhelmingly positive.”
Itamar points out that part of the success of the launch was due to the clear ownership between Argent and Kulipa:
”Kulipa handled the complexities of traditional finance - KYC, compliance, and payment processing - allowing Argent to focus on delivering the best possible user experience. Argent even took the marketing campaign to new heights - literally - by launching a card into space. The launch event in Bangkok further reinforced the excitement, proving the demand for a self-custodial crypto card.”
Why did you choose Kulipa specifically?
”We had a clear vision at Argent: a 0-compromise cards, self-custodial, frictionless, without top up or off-ramp fees. We wanted a solution that directly connected to users’ wallets, mimicking a bank account with full self-custody and security.”
“Finding the right partner was challenging. Many companies operate in either crypto or traditional finance, but few understand both worlds deeply enough to execute such an ambitious product. Kulipa was the only provider that could meet all of Argent’s technical and regulatory requirements while delivering at the speed required for innovation.”
What’s next for crypto payments?
”We’re seeing crypto payments evolving across multiple verticals. Remittances, daily spending, and business-to-business settlements are just the beginning. Blockchain’s efficiency will eventually make it the backbone of payments, much like how voice-over-IP revolutionized telecommunications. For Argent, the priority remains making crypto as easy to use as traditional money, and the Argent x Kulipa card is a major step in that direction.”