Karat Financial raises $70M to offer Visa credit cards tailored for creators

Karat Financial raised $70M in new funding, bringing its total to over $100M.
The startup is partnering with Visa on a new credit card to help creators build credit history.
Karat uses social media stats rather than FICO scores to offer higher limits.
The new card provides purchase protection, exclusive events, and simplified taxes.
Karat aims to become a one-stop financial services provider for creators.