Creator finance startup Karat Financial laid off staffers this month, four people familiar with the matter said. The cuts came a few months after the company raised $70 million in new funding. Karat declined to comment. The creator finance startup Karat Financial laid off staffers this month, four people familiar with the matter told Insider. The startup, which provides financial services such as taxes and bookkeeping for creators, was founded in 2019 by Eric Wei and Will Kim.

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Persons: Eric Wei, Will Kim