Galaxy Ventures and CIM Group Lead Karta's $140 Million Series A on June 18

According to official statement, Galaxy Ventures and CIM Group led Karta's $140 million Series A funding on June 18. The travel credit card company achieved 10x business growth in 2025 and 4x quarter-over-quarter increase in revenue and total payment volume (TPV) in Q1 2026. Karta plans to raise its annualized TPV to $1.2 billion by year-end and offers premium financial services to global travelers without requiring a U.S. Social Security Number.
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