Karta Raises $140M to Bring U.S. Credit Cards to Global Travelers

Exclusive: Karta raises $15 million to bring WhatsApp-run U.S. credit cards to global travelers

When American Express began scaling back a niche credit card for non‑U.S. clients who keep money in American banks and brokerages, it left institutions scrambling to find a replacement for some of their most demanding customers. Now, a startup is trying to plug that gap with a WhatsApp‑run premium card that lets international travelers turn those assets into spending power. Miami-based Karta, founded by serial entrepreneurs Freddy Juez and Orlan…

Karta raises $140M to bring U.S. credit cards to global travelers

A wealthy entrepreneur from Latin America can land in Miami with millions in assets, a long banking history, and an excellent credit profile back home. Yet when it comes to accessing credit in the United States, they often start from scratch. That gap is what Miami-based Karta set out to solve. Now, investors are betting $140 million that the opportunity is much larger than most people realize. Karta announced this week that it has raised $140 m…