i2c has announced its partnership with KARTY, a Qatar-based fintech providing tailored digital financial solutions to the MEA region, to launch a digital-first prepaid mobile wallet to the country.
Leveraging i2c’s global payments platform, Karty’s mobile wallet will provide Visa-branded digital cards, enabling instant, cashless P2P transactions on the Visa network. The mobile wallet will also feature data-backed financial management tools to empower users to master budgeting while gaining transparency into their spending habits across a range of categories.
The startup is set to be regulated by Qatar Central Bank Sandbox, once fully operational, and the company was the 2021 winner of the Qatar Science & Technology Park Accelerator (QSTP) program, among other accolades.
“We are proud to partner with KARTY as they work to enable digital-first payments in Qatar, while also providing added transparency and insights into their cardholder’s spending behaviors,” said Aurangzaib Khan, General Manager – MEA Region of i2c. “We look forward to partnering with this notable startup as they expand financial access through the region.”
“i2c’s best-in-class payments platform allowed us to design an intuitive mobile wallet that works to simplify both budgeting and spending for residents in Qatar,” said Mohammed Suleiman, Co-Founder of KARTY. “We chose i2c as our issuer processing partner because of their global reputation for unparalleled reliability, best-in-class security, and deep experience within the payments industry – all of which is especially important to us as a startup. We’re excited to bring our customers the modern payment solutions they want, all on a single platform through this partnership.”
