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Karsa

Stablecoin neobank for emerging markets

Y CombinatorWinter 2025ActiveFintechFintechEmerging MarketsCryptocurrency

What they do

Problem

People in emerging markets lack easy access to stable USD savings and reliable cross-border spending due to currency volatility and limited banking infrastructure.

Solution

A stablecoin-based neobank that lets users buy USD-denominated stablecoins, save in US bank accounts, and spend globally via a Visa card.

Who it's for

Consumers in emerging markets seeking USD savings and everyday payments.

Founders

Shahryar Hasnani
Founder

Enabling the 1B+ people in emerging markets to save in stablecoins and protect against currency instability. Previously head of BD at Ethereum infrastructure startup.

Dale Wilson
Founder

Enabling the 1B+ people in emerging markets to save in stablecoins and protect against currency instability. Previously protocol development lead at a layer 1 AI Blockchain.

Open roles 1

Founding Engineer (Backend)
New York, NY, US / San Francisco, CA, US · Full-time · $130K - $200K · 0.75% - 1.50%
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