Karsa
Karsa is a YC Winter 2025 (W25) company. Based in New York, NY, USA. Team of 2.
About Karsa
Summary
Karsa builds business and personal banking accounts for people in emerging markets, where reliable access to dollar-denominated accounts is scarce. Customers hold multi-currency balances, receive payments from platforms like Shopify, Stripe, and Upwork, and send money to suppliers and contractors across 80-plus countries via ACH, SWIFT, SEPA, and stablecoin transfers. The product replaces fragmented workarounds that cross-border freelancers, e-commerce resellers, and small businesses currently use to get paid and pay out in hard currency.
Business model
Fees on currency conversion and international transfers, plus Visa card issuance and spend.
Go-to-market
The primary customers are e-commerce resellers, freelancers, and small businesses incorporated outside the US who need a working dollar account. Karsa reaches them through a waitlist for business banking, pointing to a self-serve onboarding flow.
From the Y Combinator listing
Stablecoin neobank for emerging markets
Karsa is a stablecoin neobank for over 100M people in emerging markets. We enable people to buy dollar-denominated stablecoins, save money in US bank accounts, and spend anywhere with a Visa card.
Facts
- Fintech / Fintech
- New York, NY, USA
- 2
- Active
- Early
Founders (2)
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