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Deep Tide TechFlow News. On June 18, according to official information, Galaxy Ventures announced that it will lead a $15 million A-round financing for Karta. The total size of this round reached $140 million, including a $125 million credit facility provided by Community Investment Management.
Galaxy Ventures said that Karta is expected to grow 10-fold in 2025. In the first quarter of 2026, revenue and total payment volume will increase another 4 times quarter-over-quarter, with the goal of reaching an annualized total payment volume of $1.2 billion by the end of the year. Karta is a new type of U.S. credit card for global travelers, which can be applied for without a U.S. Social Security Number (SSN).