# Karsa

> Karsa is a Y Combinator-backed stablecoin neobank offering global dollar accounts and cards for emerging-market users.

Source: https://www.neobank.wiki/wiki/karsa
Last updated: 2026-08-12
Categories: Financial technology, United States fintech, Nigeria neobanks, Payment platforms, Consumer neobanks, Partner-bank neobanks, Companies founded in 2025

**Karsa** is a New York–based financial technology company that markets a “global dollar account” for people in inflationary or capital-controlled markets. Founded in 2025 by **Shahryar Hasnani** and **Dale Wilson** and backed by **Y Combinator** (Winter 2025), it lets users receive USD, hold stablecoins and spend on a Visa card.[^ka1]

## History

Hasnani (ex-Ethereum infrastructure business development; family in Pakistan) and Wilson (protocol engineering) launched Karsa after watching P2P crypto desks become the default dollar savings tool in emerging markets. A YC soft launch processed early volume; the full iOS/Android app followed in 2025 with traction reported in Nigeria, Pakistan, India and Kenya.[^ka2] The consumer site later emphasised business plus personal multi-currency accounts (ACH, wire, SWIFT, SEPA and stablecoins) and corporate cards.

## Founders

**Shahryar Hasnani** and **Dale Wilson** co-founded Karsa and worked out of New York during the YC batch. Hasnani has led go-to-market; Wilson protocol and product engineering.

## Model

Karsa describes itself as a stablecoin [neobank](/wiki/neobank) rather than a chartered bank. Early design used a verified P2P supply network under the hood while abstracting chat and wallet complexity from buyers; user funds were described as self-custodial. Virtual U.S. accounts and Visa spend are delivered through banking and card partners. Availability is rolled out by region.

## Products

Personal and business USD (and other currency) accounts, stablecoin balances, global payouts and Visa cards for online and in-store spend. It is frequently used in Nigeria and other African markets as a card-first dollar account alongside peers such as [Chipper Cash](/wiki/chipper-cash) and [Roam](/wiki/roam).

## External links

- [Karsa official website](https://gokarsa.com/)

## Infobox

- **Type**: Private (YC W25)
- **Founded**: 2025
- **Founders**: Shahryar Hasnani, Dale Wilson
- **Headquarters**: New York, U.S.
- **Focus**: Stablecoin / USD accounts
- **Model**: Stablecoin neobank
- **X**: @Go_Karsa
- **Website**: [gokarsa.com](https://gokarsa.com/)

## Frequently asked questions

### What is Karsa?

Karsa is a Y Combinator-backed stablecoin neobank offering global dollar accounts and cards for emerging-market users.

### When was Karsa founded?

Karsa was founded in 2025.

### Where is Karsa headquartered?

Karsa is headquartered in New York, U.S..

### Who founded Karsa?

Karsa was founded by Shahryar Hasnani, Dale Wilson.

### What type of company is Karsa?

Karsa is described as Stablecoin neobank in its neobank.wiki profile.

### What is the official Karsa website?

The official website for Karsa is https://gokarsa.com/.


## References

[^ka1]: Karsa is a Y Combinator Winter 2025 company building a stablecoin neobank for emerging markets. — https://www.ycombinator.com/companies/karsa
[^ka2]: Disrupt Africa reported Karsa’s 2025 app launch for virtual US accounts and forthcoming Visa cards. — https://disruptafrica.com/2025/11/14/nigerian-startup-karsa-launches-to-help-users-obtain-virtual-us-bank-accounts/