Karbon Analysis: $2M Raised
What is Karbon?
Karbon offers fintech solutions for businesses in India, specializing in foreign remittance, B2B payments, and corporate expense management via a prepaid card.
Product Features & Capabilities
- Inward Remittance, Outward Remittance, Corporate Card, Fast account opening, Low fees, Easy onboarding, Multi-currency payments, Real-time expense tracking, Automated reporting, Budget controls, 1% flat rate for freelancer payments, High cashback, Dedicated account manager.
Pricing
- 0.1% starting fee for global payments
- 1% flat rate for freelancer payments
- No fees to initiate or enable cross-border payments
- Competitive markup fee stated upfront
How much Karbon raised
1: - $2 million
59 months agoLead Investor: Not specified
Who are the founders of Karbon
Market Focus
Karbon primarily focuses on the fintech industry, specifically providing foreign remittance solutions for businesses in India, with an emphasis on B2B payments and corporate expense management through prepaid cards.
Business Model
Revenue from transaction fees on card swipes and corporate card services.
Competitors Overview
Karbon operates in the fintech sector, specifically providing foreign remittance solutions and B2B payment services in India. Its main competitors include:
- Happay: Offers corporate cards and expense management solutions. Notable for its user-friendly interface and integration with various ac
Investors
- Orios Venture Partners
- MyAsiaVC
- Whiteboard Capital
- Jitendra Gupta
- Kunal Shah
- Amrish Rau
- Several global angel investors
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