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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

    Dec 4 · Business Insider
    Spotify shared exclusive data on its top 10 breakout podcasts of the year, from 'Talk Tuah' to 'PlanBri Uncut'
    Apr 27 · TechCrunch
    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
    Apr 13 · reddit.com
    I spent 25 hours studying how Karat raised $100M to build a bank ...
    Jul 19 · forbes.com
    Karat Financial Raises $70M From Celebs Like Will Smith And Top ...
    Karat Financial Raises $70M From Celebs Like Will Smith And Top ...
    Jun 26 · usa.visa.com
    Ask a fintech founder Eric Wei and Will Kim Karat - Visa
    Ask a fintech founder Eric Wei and Will Kim Karat - Visa

    Related Questions

    What inspired Eric Wei to transition from Instagram to founding Karat Financial?
    How did Eric Wei's experience at McKinsey influence his approach at Karat Financial?
    What are some of the biggest challenges Eric Wei has faced as co-CEO of Karat Financial?
    How does Karat Financial's underwriting model differ from traditional banking systems?
    What role did top creators like Graham Stephan and Ludwig play in Karat Financial's growth?
    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