Karat Financial

Karat Financial is a fintech company based in Los Angeles, California, founded in 2019.

It focuses on providing financial infrastructure tailored for the creator economy, helping creators and digital entrepreneurs manage their banking, credit cards, payments, invoicing, and bookkeeping. The company aims to treat creators as legitimate businesses, addressing the gaps left by traditional banks. Karat offers a range of financial tools, including the Karat Black Card, a business credit card that evaluates creators based on income and social metrics rather than traditional credit scores. Their banking solutions include a complimentary FDIC-insured business checking account and a premium tier with additional benefits. The company also provides back-office tools for invoicing, payouts, bookkeeping, and tax planning. With over $1.5 billion in credit extended, Karat supports creators who generated more than $2.4 billion in revenue in 2024.