Software Alternatives, Accelerators & Startups

Karta.io VS Stripe Atlas

Compare Karta.io VS Stripe Atlas and see what are their differences

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Karta.io logo Karta.io

Smart spend management & budgeting platform for businesses. Create unlimited virtual cards, set limits, make payments, get up to 1% cashback, and get expenses in full control.

Stripe Atlas logo Stripe Atlas

The best way to start an internet business
  • Karta.io Landing page
    Landing page //
    2022-12-06

Karta.io is a spend management platform for businesses to reach full expense control and scale faster. We work to give companies budget automation, all-in-one payments hub, unlimited virtual cards, and more. With Karta.io, businesses can eliminate manual work and focus on growth.

“Initially, we created karta.io as a service for internal use to help solve our problems, but we soon realized that this service would be useful for other companies as well. First and foremost, our solution is aimed at empowering finance teams; this allows your company to broaden the potential of its spend management process through consistency, availability, and flexibility” says CEO Nikita Zimarkov.

  • Stripe Atlas Landing page
    Landing page //
    2023-07-29

Karta.io features and specs

  • Expense Management
    Karta.io offers robust expense management tools, allowing businesses to track and control their spending with ease.
  • Automation Features
    The platform provides automation features for tracking and reporting expenses, which can save time and reduce manual errors.
  • Integration Capabilities
    Karta.io can integrate with various accounting and financial systems, making it easier for businesses to sync their data across platforms.
  • User-Friendly Interface
    The platform boasts an intuitive and straightforward user interface, making it accessible for users without extensive technical knowledge.
  • Real-Time Analytics
    Karta.io provides real-time analytics, allowing businesses to gain insights into their financial data promptly.

Possible disadvantages of Karta.io

  • Limited Features for Small Businesses
    Some small businesses may find that Karta.io offers more features than they need, making it potentially less cost-effective for them.
  • Potential Learning Curve
    While the user interface is designed to be intuitive, there may still be a learning curve for users new to financial management software.
  • Pricing Concerns
    The cost of the platform might be a concern for some businesses, especially those with limited budgets.
  • Dependence on Internet Connectivity
    As a cloud-based platform, Karta.io requires a reliable internet connection to function optimally, which may be a limitation in areas with poor connectivity.
  • Customization Limitations
    Some users may find the customization options on the platform limited compared to other financial management tools.

Stripe Atlas features and specs

  • Streamlined Incorporation
    Stripe Atlas provides a streamlined process to incorporate a company in the United States, often within just a few days, which can be much faster and simpler compared to traditional methods.
  • Access to Legal and Tax Guidance
    Members get valuable legal and tax guidance from experts, helping them navigate complex issues and ensure compliance with regulatory requirements.
  • Bank Account and EIN Setup
    Stripe Atlas helps in setting up a U.S. bank account and obtaining an Employer Identification Number (EIN), essential components for running a business in the U.S.
  • Global Accessibility
    Entrepreneurs from anywhere in the world can use Stripe Atlas to establish a U.S.-based company, making it easier to enter the U.S. market.
  • Access to Stripe Products
    Members gain access to Stripe's suite of financial tools and payment processing capabilities, which can be integrated into their businesses from day one.
  • Community and Resources
    Members get access to a supportive community of entrepreneurs and a wealth of resources like guides, templates, and advice.

Possible disadvantages of Stripe Atlas

  • Cost
    There are upfront fees for setting up a company through Stripe Atlas, as well as ongoing costs associated with maintaining a U.S. business entity, which can be a burden for some startups.
  • Limited Customization
    The incorporation process is very standardized, which might not be suitable for more complex business structures or specific legal needs.
  • U.S. Jurisdiction Requirements
    Operating a U.S.-based company means adhering to U.S. laws and tax requirements, which might be complex and require ongoing management.
  • Bank Account Access
    While Stripe Atlas helps set up a U.S. bank account, accessing and managing it from abroad can be cumbersome and may require additional steps.
  • Market Relevance
    While having a U.S. company can be beneficial, it might not be necessary for all businesses, particularly those that operate exclusively in other regions.
  • Exclusivity to C-Corporations
    Stripe Atlas primarily supports the incorporation of Delaware C-Corporations, which may not be the most suitable corporate structure for all businesses.

Analysis of Stripe Atlas

Overall verdict

  • Overall, Stripe Atlas is highly regarded for its efficiency, reliability, and supportive ecosystem, making it a strong contender for entrepreneurs looking to establish a U.S. company quickly and with minimal hassle.

Why this product is good

  • Stripe Atlas is considered a good choice for its seamless setup process for incorporating a business in the United States, especially benefiting international entrepreneurs. It provides a comprehensive suite of tools including incorporation, tax ID acquisition, and a U.S. bank account, simplifying the complexities of starting a U.S.-based company. Additionally, it leverages Stripe's powerful payment processing platform and offers resources for legal and tax guidance.

Recommended for

  • International entrepreneurs looking to incorporate in the U.S.
  • Startups needing a fast and straightforward business setup
  • Businesses wanting integrated payment solutions
  • First-time business founders seeking guidance and resources

Karta.io videos

No Karta.io videos yet. You could help us improve this page by suggesting one.

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Stripe Atlas videos

Stripe Atlas Review for Incorporation - Digital PeopleFolk

More videos:

  • Review - Stripe Atlas vs The LLC Formula | Why you Should NOT use Stripe Atlas
  • Review - Introducing Stripe Atlas

Category Popularity

0-100% (relative to Karta.io and Stripe Atlas)
Fintech
37 37%
63% 63
Legal Services
0 0%
100% 100
Online Payments
100 100%
0% 0
Productivity
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, Stripe Atlas seems to be a lot more popular than Karta.io. While we know about 42 links to Stripe Atlas, we've tracked only 2 mentions of Karta.io. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Karta.io mentions (2)

  • Five Easy Ways to Cut Your Business Costs in 2023
    To fully control business expenses, use the smart spend management solution and unlock a new level of automated processes. Source: over 2 years ago
  • Karta
    I want to introduce the new service: smart cards for business. At Karta, we offer a simple tool for the automation of business expenses. Our solution allows you to centrally see all of your company's expenses in one place and in real-time, prepare financial reports, issue cards and set limits on these cards. Learn more at https://karta.io/. - Source: dev.to / over 3 years ago

Stripe Atlas mentions (42)

  • Ask HN: Does legal tax evasion work for regular people?
    Hello fellow HN readers, For some time now I've been researching how to become a digital nomad and legally optimise my taxes. There are numerous services that claim to be able to help with this, here are just two examples that I found: https://taxhackers.io https://denationalize.me Does anyone have any experience of this and can tell me if it really works and is legal? Also, why do they charge so much when... - Source: Hacker News / 3 months ago
  • Show HN: Kate's App
    IANAL either but if I were you, I’d start here: https://www.vanta.com/products/hipaa or look for competitors. And perhaps look at Stripe Atlas for getting my corporate ducks in a row to start with. https://stripe.com/atlas Wading into that to get oriented, you would then be better equipped to have at least a baseline. A corporate attorney would be the next step to verify what you’re doing. Minnestar.org hosts... - Source: Hacker News / 5 months ago
  • A KDP author looking for advice
    I don't know if it's available in Algeria, but if it is, checkout Stripe's Atlas service. It allows you to incorporate a company in Delaware, and open a US bank account. I used their services in my country, to register a local business and it was very quick and easy. Source: almost 2 years ago
  • How do I give equity in an LLC in Florida?
    Oh no! Don't do an LLC. You must do a C-Corporation. You can get it done in https://stripe.com/atlas or https://clara.co/company-formation/delaware-company-formation/. Source: almost 2 years ago
  • Just got my first co-founder… what next?
    Don't do an LLC if you are going to raise venture capital. Use Clara or Stripe Atlas to set up a Delaware C-Corp. Source: almost 2 years ago
View more

What are some alternatives?

When comparing Karta.io and Stripe Atlas, you can also consider the following products

Mercury - Mercury is banking* for startups

Clemta - CLEMTA sets up your business/company in the United States, from incorporation to dissolution, one partner - one solution. We also offer post-incorporation services and many more! Check our profile for all the services we provide.

Brex - The first corporate card for startups

Gust Launch - Legal, banking and accounting solution for startups

PENTA - A free and beautiful business bank account in Germany 😍🇩🇪

Microsoft Office Excel - Microsoft Office Excel is a commercial spreadsheet application.