Financial technology startup Karta raises $15 million in Series A funding 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 financing facility from CIM Group. Karta provides overseas clients holding U.S. bank or brokerage assets with American credit card services that require "no SSN or ITIN," allowing users to complete all post-card-issuance operations via WhatsApp. The company has already partnered with approximately 85 private banks and wealth management institutions. (Fortune)