Priya Patel
TLDR:
KARTY, a fintech startup based in Qatar, has secured $2m in seed funding. The company plans to use the funds to launch and scale its e-wallet and financial resource management application. The platform aims to offer premium services, including instant peer-to-peer money transfers, daily spending oversight, and tracking of spending patterns through interactive charts. The funding round was backed by a diverse group of local investors and included direct funding from local and international investors. KARTY has also received support from prestigious institutions such as the Qatar Foundation and Qatar FinTech Hub.
KARTY, a fintech startup based in Qatar, has successfully completed a seed funding round, securing $2m. The funding round was backed by a diverse group of local investors. The company plans to use the funds to launch and scale its e-wallet and financial resource management application. The platform aims to offer premium services, including instant peer-to-peer money transfers, daily spending oversight, and tracking of spending patterns through interactive charts. KARTY has also received support from prestigious institutions such as the Qatar Foundation and Qatar FinTech Hub.
The funding round was backed by a diverse group of local investors, marking a significant milestone for KARTY as it seeks to revolutionize e-wallets in Qatar. The company plans to use the funds to launch and scale its e-wallet and financial resource management application, which offers a range of premium services designed to enhance financial literacy and management. These services include instant peer-to-peer money transfers, meticulous oversight of daily spending, and insightful tracking of spending patterns through interactive charts. KARTY has also received direct funding from local and international investors, as well as support from prestigious institutions such as the Qatar Foundation and Qatar FinTech Hub. The funding round highlights the growing interest and investment in the fintech sector in Qatar, as well as the potential for innovative solutions in the e-wallet space.
KARTY, a fintech startup based in Qatar, has secured $2m in seed funding to launch its e-wallet and financial resource management application. The platform aims to offer a range of premium services, including instant peer-to-peer money transfers, daily spending oversight, and tracking of spending patterns through interactive charts. The funding round was backed by a diverse group of local investors, with additional support from institutions such as the Qatar Foundation and Qatar FinTech Hub. The funding will enable KARTY to revolutionize e-wallets in Qatar, enhancing financial literacy and management for its clients.
