Galaxy Ventures has announced its role in co-leading a $140 million Series A funding round for Karta, alongside CIM. Karta, a U.S.-based credit card company catering to global travelers, reported a tenfold growth in 2025. In the first quarter of 2026, Karta's revenue and total payment volume surged fourfold quarter-over-quarter, with an annualized total payment volume target of $1.2 billion by the end of the year. Notably, Karta allows applications without a U.S. Social Security Number, broadening its accessibility to international users.