Windsor Drake Market Intelligence
Funding Round · Card Issuing · 2026

Karta raises $140M ($15M Series A + $125M debt) for credit-invisible travelers' card

Karta raised $140M funding round on June 17, 2026.

Primary
Karta
Amount
$140M
Structure
funding round
Date
June 17, 2026
Sub-sector
Card Issuing

Travel card issuance with alternative credit models is an emerging subsector. The debt facility size ($125M) signals lender confidence in the model, relevant to founders building a

Primary company
Karta
Counterparty
Not disclosed
Amount
$140M
Event date
June 17, 2026
Sub-sector
Card Issuing
HQ
Not disclosed
Structure
funding round
Source published
Not disclosed
Publisher
PYMNTS

Source: pymnts.com

Other funding rounds in Card Issuing

Primary Event type Counterparty Value Sub-sector Date
First Circle Capital Funding Round IFC $6M Card Issuing November 9, 2025
Imprint Funding Round Khosla Ventures, Thrive Capital, Kleiner Perkins, Ribbit Capital $75M Card Issuing October 10, 2024
Spade Funding Round Flourish Ventures $10M Card Issuing December 6, 2023
Kiwi Funding Round Omidyar Network India $13M Card Issuing November 21, 2023
Endpoint Payment Solutions Funding Round MJC Partners, NOEMIS Ventures Card Issuing December 1, 2022
Reap Funding Round Acorn Pacific Ventures, Arcadia Funds, HashKey Capital, Hustle Fund, Fresco Capital, Abacus Ventures, Payment Asia $40M Card Issuing October 27, 2022