Kiwi Raises $80M to Offer Credit to Latino Migrants in US

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KiWi, a fintech and specialty lending platform in the consumer finance space, announced it raised an additional $80 million in debt and equity. Founded in 2020, Kiwi aims to address the financial challenges faced by immigrants. Its product offering includes a credit card with a credit limit of up to $1,000, which allows customers to build their credit history and split the cost of purchases into nine monthly repayments.

Kiwi Raises $80M to Offer Credit to Latino Migrants in US