Galaxy Ventures has taken a lead position in Karta‘s latest funding round, signaling confidence in all-digital solutions that bridge traditional finance with emerging technologies. The investment highlights growing demand for seamless, dollar-based financial tools tailored to high-net-worth individuals worldwide who often face barriers in the US credit landscape.
Karta stands out as a credit card issuer focused on serving wealthy international consumers.
The company partners with over 80 major private banks and brokerages to distribute its US-issued Visa cards.
By integrating stablecoin technology and artificial intelligence, Karta delivers a sophisticated experience that combines reliable credit access with advanced personal assistance, positioning it as a standout performer in consumer fintech.
The announcement involves Galaxy Ventures heading a $15 million Series A equity round within a broader $140 million capital raise.
This package also features a substantial $125 million credit facility arranged through Community Investment Management (CIM).
The funding arrives amid steady expansion, with the company reporting more than 10-fold growth in revenue and payment volume throughout 2025, followed by an additional quadrupling in the first quarter of 2026.
For many affluent individuals outside the United States, the dollar remains central to wealth preservation and global transactions.
Crypto-enabled services have eased access to dollar holdings, yet significant gaps persist in credit availability.
High-net-worth clients with substantial US assets, established local banking ties, and solid credit records abroad frequently lack Social Security Numbers or Individual Taxpayer Identification Numbers.
This leaves them dependent on debit options or international cards burdened by high foreign transaction costs, currency conversion fees, and taxes—such as Brazil’s IOF levy that can push total expenses into the high single digits.
Karta directly addresses this challenge by offering unsecured credit lines determined through a unique distribution-focused underwriting process.
Instead of depending solely on traditional FICO scores, the platform evaluates verified assets held at partner institutions.
This approach enables swift approval and monthly billing capabilities while providing zero foreign exchange fees, attractive rewards, and exclusive perks.
Clients benefit from full integration into the US financial ecosystem without the usual hurdles.
The model fosters mutual benefits. Partner banks can satisfy client needs for U.S. credit products, users gain convenient access, and Karta secures premium customers efficiently through established channels.
Notable collaborators include Raymond James, Itaú, Interactive Brokers, XP, and Insigneo.
This network-driven strategy minimizes customer acquisition expenses compared to conventional marketing tactics.
What truly differentiates Karta is its forward-looking blend of services. Beyond core card functionality, an always-available AI-powered concierge operates primarily through WhatsApp.
Users delegate tasks such as modifying travel plans, resolving billing issues, booking difficult reservations, or handling other arrangements.
The system leverages web browsing, calls, emails, and temporary virtual cards to execute requests autonomously, elevating service standards while reducing reliance on extensive human support teams.
Galaxy Ventures views Karta as excelling in product development, sustainable economics, and strategic reach—key elements for lasting success in consumer fintech.
Payment cards serve as an effective entry point, driving frequent use and interchange revenue while cultivating deep client relationships.
The platform targets a discerning global user-base, including prominent figures like racing drivers, athletes, and executives, creating opportunities to expand into broader wealth management, banking, and lending offerings.
This initiative reflects broader trends at the intersection of finance, digital assets, and AI.
As global wealth becomes increasingly mobile, solutions like Karta are poised to redefine access to sophisticated financial tools. With leadership from founders Freddy and Orlando, the company is seemingly positioned for continued scaling and responsible innovation in serving internationally oriented affluent customers.