Kiwi, founded in 2022, is a burgeoning player in the Fintech sector, headquartered in India. Emphasizing its slogan, "UPI with Credit Card", the company is carving out a niche in the payment landscape by merging the ubiquity of UPI payments with the benefits of credit cards.
Kiwi's core offering— a virtual credit card— empowers users to enjoy a cashless experience across a multitude of spending categories from lifestyle purchases to daily essentials. Their goal is to foster a credit revolution in India, making financial transactions seamless and credit more accessible.
Recently, Kiwi secured a Series A investment of INR 1.08 billion in November 2023. This significant funding round was led by prominent investors, including Nexus Venture Partners, Stellaris Venture Partners, and Omidyar Network India. These strategic investments demonstrate confidence in Kiwi's vision and its capacity to transform the credit landscape in India.