Case Study: Karat achieves faster launch and 4x creator spending power with Stripe Issuing

Karat builds a new financial product for creators in just three weeks using Stripe Issuing

Karat helps creators access working capital that traditional banks often deny, because many of them don’t fit standard lending criteria like personal credit history or long business track records. To launch a fast financial product for this audience, Karat needed a quicker way to offer credit cards without spending months building the infrastructure itself, and it turned to Stripe Issuing.

Using Stripe Issuing, Karat was able to create and manage virtual and physical cards in just three weeks and launch its product in three months. With Stripe, Karat has processed eight figures through the platform in under three years, creators’ average spend has quadrupled, and the company has achieved a Net Promoter Score of 88/100.

Karat

Will Kim

Cofounder and Co-CEO