KARTY

KARTY

Mobile app that allows users to track their spending, send and receive money, and set budgets.

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DateInvestorsAmountRound
-investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
investor investor investor

€0.0

round
*

$2.0m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-300 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about KARTY
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Karty LLC, operating under the website karty.qa, is a financial technology (fintech) startup based in Qatar. The company is authorized by the Qatar Financial Center Authority (QFC) under license No 01234. Karty specializes in providing a digital wallet solution that prioritizes security, ease of use, and innovative financial management tools.

Karty's primary service is a digital wallet that allows users to manage their finances effortlessly. The platform offers features such as setting monthly budgets, tracking expenses across different categories, and splitting bills among friends. One of the standout features is the ability to send money to other Karty members without any transfer fees, making it an attractive option for users who frequently transfer money to family and friends.

The company serves a diverse clientele, including individuals of all ages who seek a more intuitive and user-friendly way to manage their finances. Karty's market is primarily within Qatar, but its digital nature allows for potential expansion into other regions.

Karty's business model revolves around providing a free-to-use platform with no hidden fees for basic transactions. The company likely generates revenue through premium features, partnerships, and possibly through interest on held balances, though specific revenue streams are not detailed on their website.

Security is a top priority for Karty. The platform uses advanced cybersecurity measures and end-to-end encryption to protect users' sensitive information and transactions. This focus on security, combined with an intuitive, user-centric design, ensures that users can manage their finances with peace of mind.

In summary, Karty is a fintech startup that offers a secure, user-friendly digital wallet for managing personal finances. It serves individuals looking for a modern, hassle-free way to handle money, with features like expense tracking, bill splitting, and free money transfers.

Keywords: digital wallet, fintech, Qatar, expense tracking, bill splitting, free transfers, cybersecurity, user-friendly, financial management, innovation.

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