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Clare Kinsey
Co-Founder & Co-CEO at Karta Gift Cards
Clare Kinsey is the Co-Founder and Co-CEO of Karta Gift Cards, an Australian-based fintech company that is revolutionizing the gift card industry.12
Professional Background
Clare Kinsey brings over 20 years of corporate experience to Karta, specifically in the payments sector.5 Prior to co-founding Karta, she worked as a product marketing executive at American Express.1 This background in payments has been instrumental in shaping Karta's innovative approach to gift card technology.
Karta Gift Cards
Kinsey co-founded Karta in May 2022 with David Anderson, making it their second venture together.1 The company has developed an API-based solution that allows shoppers to scan, select, and buy gift cards from participating retailers both digitally and physically.3 Karta's technology is currently used in Big W stores nationwide and has powered 200 retailers with their own digital gift cards.1
Achievements and Partnerships
Under Kinsey's leadership, Karta has achieved several significant milestones:
- Secured over $21 million in pre-seed funding, including a $20 million investment from Commonwealth Bank of Australia.1
- Formed partnerships with major banks including St. George, American Express, Westpac, and Bank of Melbourne.1
- Recently signed a multi-year agreement with Visa, making Karta the first-ever non-bank private label issuer in the US to process transactions on VisaNet.3
Vision and Strategy
Kinsey and her co-founder are focused on democratizing access to gift card technology and innovating in the space. They see gift cards as a significant opportunity, with the potential to improve cash flow for retailers and drive loyalty.1 Their strategy includes expanding into the US market and leveraging mobile wallet technology.1
Clare Kinsey's LinkedIn profile can be found at https://au.linkedin.com/in/clare-kinsey-65440612, where she maintains over 500 connections.4