When was KARTY founded?

KARTY was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is KARTY located?

KARTY is headquartered in Doha, Qatar.

Who is the current CEO of KARTY?

Mohammed Suleiman of KARTY. They have also founded 1 company.

How many employees does KARTY have?

As of Sep 30, 2026, the latest employee count at KARTY is 25.

Is KARTY a funded company?

KARTY is a funded company, having raised a total of $3.15M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 01, 2022.

When was the latest funding round of KARTY?

KARTY's latest funding was a $***** Seed round on Jan 22, 2024, with participation from 1 investor.

Where does KARTY rank among its competitors?

KARTY ranks 1st amongst 4 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was KARTY, which secured $2M in Jan, 2024.

Who are the top competitors of KARTY?

KARTY's top competitors include Cwallet, YouGo and Ahlipay. Among them, KARTY secured the most recent funding round in January, 2024.

KARTY - 2026 Company Profile, Team, Funding & Competitors

KARTY is a seed company based in Doha (Qatar), founded in 2021 by Mohammed Suleiman and Abdulaziz Al Marri. It operates as a Provider of spend and transaction management solutions for businesses. KARTY has raised $3.15M in funding from investors like Qatar Development Bank, Visa and Qatar Foundation. The company has 4 active competitors, including 2 that are funded. Its top competitors include companies like Cwallet, YouGo and Ahlipay.

Company Details

Provider of spend and transaction management solutions for businesses. It offers a unified experience while complementing basic banking products like Current accounts, debit & credit cards. It offers a fully digital solution to control transactions, with budgeting options, to track spending.

Website: karty.qa
Social
Email ID: *****@karty.com

Key Metrics

Founded Year

2021

Location

Doha, Qatar

Stage

Seed

Total Funding

$3.15M in 2 rounds

Latest Funding Round

Seed, Jan 22, 2024, $*****

Investors

Qatar Development Bank & 3 more

Ranked

1^st among 4 active competitors

Employee Count

25 as on Sep 30, 2026

Similar Companies

Grab & 2020 more

View KARTY's full profile

KARTY has raised a total funding of $3.15M over 2 rounds. Its first funding round was on Jul 01, 2022. Its latest funding round was a Seed round on Jan 22, 2024 for $*****. 1 investor participated in its latest round. KARTY has 4 institutional investors.

Here is the list of recent funding rounds of KARTY:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 22, 2024	3195359	Seed	4648841	2641414	9607740	9528511
Jul 01, 2022	9223741	Seed	7459527	3589067	Visa & 2 more	9339824

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View details of KARTY's funding rounds and investors

The founders of KARTY are Mohammed Suleiman and Abdulaziz Al Marri. Mohammed Suleiman is the CEO of KARTY.

Here are the details of KARTY's key team members:

Mohammed Suleiman: Co-Founder & CEO of KARTY.
Contact Info: 1 email address
Abdulaziz Al Marri: Co-Founder of KARTY.

View details of KARTY's Founder profiles and Board Members

KARTY's employee count trend

KARTY has 25 employees as of Sep 26. Here is KARTY's employee count trend over the years:

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Top competitors of KARTY include Cwallet, YouGo and Ahlipay. Here is the list of Top 10 competitors of KARTY, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	KARTY 2021, Doha (Qatar), Seed	Provider of spend and transaction management solutions for businesses	$3.15M	Visa, Qatar Development Bank & 2 others	51/100
2nd	Cwallet 2018, Doha (Qatar), Seed	Cross-border money transfer platform for individuals and businesses	$1.1M	MBK Holding, Village Capital & 5 others	41/100
3rd	YouGo 2018, Doha (Qatar), Deadpooled	Wallet-based payment solution for consumers	-	-	32/100
4th	Ahlipay Doha (Qatar), Unfunded	Online platform offering wallet-based payment solutions	-	-	16/100
5th	Qatar Pay 2017, Doha (Qatar), Unfunded	eWallet integration with vending machines, POS devices and SSK Kiosks for payment processing	-	-	15/100