Fintech startup Karta completes $15 million Series A funding round, led by Galaxy Ventures

Odaily reports: Fintech startup Karta has announced the completion of a $15 million Series A funding round, led by Galaxy Ventures, with participation from Illuminate, Canary, and Clocktower Ventures. The company has also secured a $125 million debt facility provided by CIM Group. Karta offers a U.S. credit card service for overseas clients holding assets with American banks or brokerages, requiring “no SSN or ITIN.” It allows users to manage all post-card-issuance operations via WhatsApp. The company has already partnered with approximately 85 private banks and wealth management institutions. (Fortune)