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Qatari FinTech KARTY Raises $2M to Revolutionize e-Wallets
KARTY, a rapidly growing FinTech company situated in Qatar, has concluded a seed funding round, obtaining an astounding $2 million from a variety of local investors. The purpose is to expand KARTY's financial resource management software and e-wallet, providing premium services like real-time peer-to-peer money transfers and intelligent spending trend tracking.
KARTY has garnered direct backing from domestic and foreign investors, reinforced by endorsements from esteemed organizations like Qatar Foundation, Qatar Development Bank, Qatar FinTech Hub, Masraf Al Rayan, and Visa.
Mohammed Suleiman, the CEO and co-founder of KARTY, expressed his delight and thanks, stating, 'We are incredibly proud of the faith our investors have placed in KARTY.' It is thrilling that they share our objective of offering cutting-edge financial asset management solutions via our e-Wallet.
KARTY has received substantial direct finance from both domestic and foreign investors, augmented by backing from globally recognized organizations like Visa and prestigious organizations like the Qatar Development Bank, Masraf Al Rayan, Qatar FinTech Hub, and Qatar Foundation.