Karta.io joins Visa’s Fintech Fast Track program

Karta.io

Karta.io is partnering with Visa to develop a full-service financial platform for e-commerce to simplify financial management and expense control.

NEW YORK, USA, Nov. 1, 2022 /EINPresswire.com/ — American startup Karta.io, the financial operating system for e-commerce teams, today announced it has joined Visa’s Fintech Fast Track program. Through the program, Karta.io will have access to the tools and resources needed to scale its business using the reach, capabilities and security that VisaNet, Visa’s global payment network, offers.

Through Visa’s Fintech Fast Track program, Karta.io is now able to build and expand new spending management experiences for businesses and build a financial ecosystem to manage the company’s cash flows with advanced tools for organizing expenses and controlling business finances.

Karta.io provides a single platform for e-commerce businesses to understand, operate and grow their business. It works to provide e-commerce budget automation, easy-to-understand working capital insights, business accounts and unlimited virtual cards. Built to regain control of business budgets, it offers multiple virtual cards with one click, spending rules for each user, effortless team management and real-time expense tracking. Built by serial e-commerce and fintech entrepreneurs, the service strives to solve the problems e-commerce companies face in daily financial processes.

“The e-commerce market is exploding in terms of revenue and active businesses. E-commerce teams rely on patching together a finance stack from multiple vendors for banking, accounting, tax and credit – none of which are designed for their needs. As a business begins to grow, teams must track the numbers daily. Multiple transactions and budgets build complexity. Teams have trouble keeping track and cash forecasts become a big challenge. This results in teams moving into the DIY solution space, losing money on processes, departments, software and software control. This is becoming a big problem for the global e-commerce market, which is growing rapidly: eMarketer predicts it will reach $6 trillion by 2024, says Nik Zimarkov, CEO of Karta.io.

Visa’s Fintech Fast Track Program will give Karta.io access to Visa’s growing partner network, and support from experts who will help the company reach the next level of functionality in the most efficient way. The program provides turnkey access to Visa’s ecosystem partners, online licensing and APIs, and comprehensive go-to-market toolsets, analytics and consulting platforms. Learn more about Visa’s Fintech Fast Track program at

“Karta.io has always emphasized innovation, and our partnership with Visa now gives us the resources to support our initiatives as we rapidly scale,” said Nik Zimarkov, CEO of Karta.io. “Visa’s Fintech Fast Track program is a very strong project that can change the future of the financial industry. We are proud to be part of this program”.

“At Visa, we understand that a shift to e-commerce has affected how businesses both spend and receive money.” said Vanessa Colella, SVP and Global Head of Innovation and Digital Partnerships at Visa. “By joining Visa’s Fintech Fast Track program, exciting Fintechs like Karta.io gain unprecedented access to Visa experts, technology and resources to effectively scale and bring innovative solutions to market.”

About Karta.io

Financial platform designed for e-commerce. Karta.io offers business accounts, smart virtual cards, transparent credits, cash flow insights and budgeting tools to help businesses achieve their financial goals and grow faster.

Anna Nowak
Karta.io
[email protected]
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