# Hurupay

> One app for USD, EUR, and GBP accounts that also trades, predicts, and spends.

Hurupay, rebranding to Kolan, is a payments company providing virtual USD, EUR, and GBP accounts for freelancers, remote workers, and businesses in emerging markets. It lets users receive international payments, hold stablecoins, and spend through linked cards.

Hurupay is a payments company that provides freelancers, remote workers, and businesses in emerging markets with virtual USD, EUR, and GBP accounts. It allows users to receive international payments from clients, employers, and platforms, hold balances as stablecoins, and access banking-like functionality without a traditional bank account. The service targets people and businesses who are paid internationally but face barriers accessing conventional foreign currency accounts.

The platform addresses the difficulty that individuals and companies outside major banking hubs face when receiving cross-border payments, by pairing local-currency access with stablecoin settlement rails. Users can withdraw funds to crypto exchanges or local banks, convert between fiat and stablecoins, and earn interest on held balances. Business accounts extend the same infrastructure to batch payouts for distributed teams and suppliers across multiple regions.

Core offerings include multi-currency virtual accounts, a virtual spending card, stablecoin conversion and settlement tools, and savings features, used by remote workers, freelancers, and small and mid-sized businesses managing global payroll or supplier payments. The company is rebranding its consumer-facing product to Kolan under the same legal entity, expanding the offering to include crypto and perpetual futures trading and prediction market features alongside its existing account and card services, while the underlying business and account infrastructure remains the same.

- Type: Company
- Sector: Payments
- Status: Active
- Founded: 2023-03-13
- Profile: https://thegrid.id/profiles/hurupay

## Products

- [Kolan](https://thegrid.id/profiles/hurupay): Kolan is a neobank offering USD, EUR, and GBP virtual accounts built on stablecoin-based infrastructure. It converts incoming fiat payments into stablecoins, letting users receive payments globally via ACH, Wire, and SEPA and withdraw to local banks, mobile money, or crypto exchanges. The app also lets users trade crypto and perpetual futures and take positions on real-world event outcomes through integrated prediction markets, all from the same account balance. (Neobank, Live, Main Product)
- [Kolan Card](https://thegrid.id/profiles/hurupay): Kolan Card is a consumer virtual payment card issued by a bank partner under a card network license, funded directly from a user's Kolan account balance. It is collateralized by stablecoins held across multiple blockchains, letting users spend online and pay for subscriptions without prior transfers to a separate bank account. Users can freeze or unfreeze the card, set spending limits, and track transactions in real time. (Card, Live)
- [Kolan Earn](https://thegrid.id/profiles/hurupay): Kolan Earn is a savings and yield product that lets users deposit stablecoins into vaults connected to capital markets and lending partners. Interest compounds continuously and pays out daily, with balances and accrued interest withdrawable at any time. It is aimed at users seeking returns on stablecoin holdings without needing to select or manage a DeFi strategy directly. (Savings & Yield, Live)
- [Kolan for Business](https://thegrid.id/profiles/hurupay): Kolan for Business is a neobank offering dedicated multi-currency accounts for companies to receive payments in USD, EUR, GBP, and stablecoins from clients worldwide. It automatically converts deposited fiat into stablecoins and lets businesses pay suppliers and remote workers globally through batch payments, settling to stablecoins or local banks and mobile money. Held balances can also earn yield. (Neobank, Live)

## Links

- [Main](https://kolan.xyz)
- [Documentation](https://docs.hurupay.com)
- [Blog](https://hurupay.com/blog)
- [Terms of Service](https://legal.kolan.xyz/terms-of-service)
- [Privacy policy](https://legal.kolan.xyz/privacy-policy)
- [Twitter / X](https://x.com/HurupayApp)
- [Instagram](https://instagram.com/hurupayapp)
- [Twitter / X](https://x.com/kolan_xyz)
- [Instagram](https://www.instagram.com/kolan.xyz)
- [LinkedIn](https://www.linkedin.com/company/kolanapp)

## Legal

This data is provided under two licensing models.

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP