Karta, a startup founded by Freddy Juez and Orlando Espinoza, has secured $15 million in Series A funding to offer a premium credit card for international travelers. The card, issued in the U.S. and accessible via WhatsApp, aims to fill the gap left by American Express's scaling back of its International Dollar Card program. Karta's offering allows non-U.S. residents with assets in American banks to obtain credit lines up to $200,000, with immediate virtual card access and typical premium perks. AI
RANK_REASON Significant funding round for a fintech startup addressing a specific market gap. [lever_c_demoted from significant: ic=1 ai=0.1]
- American Express
- Canary
- CIM
- Clocktower Ventures
- Freddy Juez
- Galaxy Ventures
- Itaú Unibanco
- Orlando Espinoza
- XP International US
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