Locations
Los Angeles, CA, USA · Outpost Estates, Los Angeles, CA, USA
industry
Finance · Lending and Investments · Media
Size
11-50 employees
Stage
Series B
founded in
2019
Karat is a financial technology company that provides tailored banking and credit card services specifically designed for creators and influencers. Their offerings include a business banking account with competitive interest rates and a credit card that assesses limits based on social media metrics and cash flow, rather than traditional credit scoring. This unique approach allows creators to access capital that traditional banks often deny, enabling them to manage their finances more effectively and focus on their creative endeavors. With a growing user base and partnerships with various platforms, Karat positions itself as a leader in the creator economy, offering essential financial tools and services that cater to the unique needs of this demographic.
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