KargoCard

RetailSeries BShanghai, Chinakargocard.com

Latest round

Series B

Last raised

Mar 2012

Total raised

$6M

Investors

2

About KargoCard

KargoCard, founded in 2009 and headquartered in Shanghai, China, specializes in financial technology solutions.KargoCard specializes in providing a suite of innovative payment solutions designed to streamline transactions for both businesses and consumers. Their core offerings include a digital wallet that enables secure online transactions and a prepaid card solution for both in-store and online purchases. These products aim to enhance user experience by addressing common payment processing challenges such as security, speed, and ease of use.KargoCard generates revenue primarily through transactional fees associated with its digital wallet and prepaid card services. The transaction structure facilitates both B2B and direct-to-consumer interactions, with retailers incurring fees for transactions processed through KargoCard's prepaid card services. Individual users may opt for subscription plans that provide enhanced features or rewards. The company is focused on launching additional features for its digital wallet and prepaid card solutions, with expected release dates in the upcoming year.

Who invested in KargoCard

2 investors across 1 round

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Funding rounds

  1. Series B

    Mar 2, 2012

    Amount

    $6M

    Investors

    Locked

Questions about KargoCard

Who invested in KargoCard?

KargoCard has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has KargoCard raised?

KargoCard has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did KargoCard last raise money?

KargoCard's most recent round on record is a Series B, in Mar 2012.

What does KargoCard do?

KargoCard, founded in 2009 and headquartered in Shanghai, China, specializes in financial technology solutions.

Where is KargoCard headquartered?

KargoCard is headquartered in Shanghai, China.

Which VCs invest in companies like KargoCard?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Yufu Capital, ICBC Capital Management and Ningbo Tongshang Fund back retail companies at KargoCard's stage. Their profiles are linked below.

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