[Galaxy Ventures Co-Leads $140 Million Series A Funding for Karta, Optimistic About the Growth of the Global Travel Credit Card Sector] BlockBeats News, June 18, according to official sources, Galaxy Ventures and CIM Group have co-led Karta's $140 million Series A funding round. Karta disclosed that the company aims to achieve a 10x growth in business scale by 2025 and a 4x quarter-over-quarter increase in revenue and total payment volume (TPV) by Q1 2026. Additionally, it plans to raise its annualized TPV to $1.2 billion by the end of the year. Karta stated that its product will cater to U.S. credit card services for global travelers, focusing on a premium financial experience that does not require a Social Security Number (SSN). [Original Link]