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Kiwi Raises $24M Series B—Aims to Launch Credit Lines on UPI, Expanding Digital Credit Access

Kiwi Raises $24M Series B—Aims to Launch Credit Lines on UPI, Expanding Digital Credit Access
Fintech startup Kiwi has raised $24 million in a Series B round led by Vertex Ventures Southeast Asia & India, with existing investors Nexus Venture Partners, Omidyar Network, and Stellaris Venture Partners also participating. The Bengaluru-based company plans to deploy the funds to launch credit lines on UPI (enabled by RBI approval), enhance its product roadmap, strengthen unit economics, and accelerate growth. To date, Kiwi has issued 200,000 RuPay credit cards and processes.

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