New Delhi: fintech Company Kiwi has raised $13 million (about Rs 108 crore) in a funding round Led by Omidyar Network India. According to a release, existing investors Nexus Venture Partners and Stellaris Venture Partners also participated in the round.
The latest fundraise will enable Kiwi to expand further.Credit Card But I am‘Prasad in India.
“Kiwi raises $13M in Series-A round led by Omidyar Network India to expand the ‘Credit on UPI’ landscape in India,” the release said.
Kiwi, founded in November 2022, says it is the first fintech company in India to launch ‘Credit Card with UPI’ by issuing digital RuPay cards in collaboration with banks.
Its mobile application provides users with the ability to make secure payments using a credit card or bank account directly through their phone.
Certified by NPCI as a licensed UPI third party app, Kiwi had previously raised $6 million in funding from leading investors including Nexus Venture Partners, Stellaris Venture Partners and a group of angel investors.
The latest fundraise will enable Kiwi to expand further.Credit Card But I am‘Prasad in India.
“Kiwi raises $13M in Series-A round led by Omidyar Network India to expand the ‘Credit on UPI’ landscape in India,” the release said.
Kiwi, founded in November 2022, says it is the first fintech company in India to launch ‘Credit Card with UPI’ by issuing digital RuPay cards in collaboration with banks.
Its mobile application provides users with the ability to make secure payments using a credit card or bank account directly through their phone.
Certified by NPCI as a licensed UPI third party app, Kiwi had previously raised $6 million in funding from leading investors including Nexus Venture Partners, Stellaris Venture Partners and a group of angel investors.
(TagstoTranslate)UPI(T)Kiwi(T)FundingRound(T)FinTech(T)Credit Card