Eric Wei ♂️

Eric Wei is the co-founder of Karat, a fintech company with a mission to serve creators in the evolving landscape of the business world. With a background that includes roles in investment banking, consulting, and technology, Eric found his passion for supporting creators during his time as a product manager at Instagram. Witnessing the transformative journey of artists turning their creative endeavors into sustainable businesses, Eric identified the challenges they faced in managing finances, taxes, and credit. Motivated by a desire to enhance financial access for this rapidly growing new business type, Eric, alongside co-founder Will Kim, established Karat as the go-to financial center for creators and content businesses. The duo recognized the emerging trend of creators becoming businesses and aimed to bridge the gap between creative pursuits and sound financial management. Eric Wei's vision for Karat involves providing a one-stop solution for creators to handle their money and scale their businesses effectively. Through a unique underwriting model tailored to understand the nuances of creators' financial profiles, Karat aims to empower creators by offering them the necessary financial tools and support. In collaboration with companies like Visa, Karat leverages strategic partnerships to facilitate transactions, enabling creators to spend their earnings wisely and grow their businesses. Eric Wei's dedication to supporting creators goes beyond financial services; it reflects a belief in the transformative power of the creator economy. As the co-founder of Karat, Eric sees creators as the businesses of the future and envisions a world where the distinction between traditional businesses and creators blurs, emphasizing the importance of trust in the evolving landscape. In summary, Eric Wei's journey from product management at Instagram to co-founding Karat showcases his commitment to empowering creators, providing them with the financial tools and support they need to thrive in the dynamic and rapidly evolving creator economy.