Woofun AI reports that fintech startup Karta has finalized a $15 million Series A funding round, spearheaded by Galaxy Ventures with additional backing from Illuminate, Canary, and Clocktower Ventures.

Concurrently, the company established a $125 million debt facility through CIM Group to support its operational scaling.

Karta provides a U.S. credit card solution tailored for international clients holding assets in American banks or brokerages, eliminating the need for an SSN or ITIN. The platform facilitates complete post-issuance management via WhatsApp and has integrated with approximately 85 private banks and wealth management firms.