Karty offers an e‑Wallet and financial resource management application aimed at improving saving and financial literacy. The company presents its app as Qatar’s first digital wallet and has developed a demo in strategic partnership with Masraf Al Rayan. Karty plans a full commercial launch once it receives final approval and licensing from the Qatar Central Bank. Prior to launch, the startup secured in‑principle approvals for development and testing under regulatory guidance. The company has attracted backing and support from institutions including Qatar Foundation, Qatar Development Bank, Qatar FinTech Hub, Masraf Al Rayan, and Visa. Management says the funds and institutional support position Karty for a large‑scale market entry in Qatar.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2024