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Eric Wei

Co-founder & Co-CEO of Karat Financial, Former Product Manager at Instagram

Eric Wei, Cofounder & Co-CEO at Karat Financial

Eric Wei is the Cofounder and Co-CEO of Karat Financial, a fintech startup that provides financial services to creators and influencers. He co-founded the company in 2019 with Will Kim, and they have raised over $100 million from leading VCs, creators, and celebrities.1235

Key facts about Eric Wei::

  • He is the Cofounder and Co-CEO of Karat Financial, where he has equal equity and decision-making power with his co-CEO Will Kim6
  • Previously, he worked as a Product Manager at Instagram and Facebook, a Consultant at McKinsey & Company, and in Restructuring & Reorganization at The Blackstone Group24
  • He studied economics and psychology at Harvard University24
  • He has been featured as a speaker at VidCon, discussing topics like the convergence of content creation and entrepreneurship1
  • His LinkedIn username is eric-wei-430780684

Karat Financial's mission is to help creators establish themselves as businesses by improving their financial access.5 The company provides services like business credit cards, taxes, and bookkeeping to creators who are often underserved by traditional financial institutions.35

Highlights

Will a TikTok ban impact creator economy startups? Not really, founders say - TechCrunch
Will a TikTok ban impact creator economy startups? Not really, founders say - TechCrunch
Cofounders say couples therapy helped grow their businesses - Business Insider
Cofounders say couples therapy helped grow their businesses - Business Insider
I spent 25 hours studying how Karat raised $100M to build a bank ...
Karat Financial Raises $70M From Celebs Like Will Smith And Top ...
Karat Financial Raises $70M From Celebs Like Will Smith And Top ...
Ask a fintech founder Eric Wei and Will Kim Karat - Visa
Ask a fintech founder Eric Wei and Will Kim Karat - Visa
Eric Wei
Eric Wei, photo 1
Eric Wei, photo 2
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Experience

Co-founder & Co-CEO at Karat Financial since 2019
Product Manager at Instagram (2017 - 2019), Product Manager at Facebook (2016 - 2019), Consultant at McKinsey & Company (2014 - 2016), Restructuring & Reorganization at The Blackstone Group (2013)

Location

San Francisco Bay Area