Fintech startup Kiwi raises $24 Mn in Series B round led by Vertex Ventures

Fintech startup Kiwi has raised $24 million (Rs 208 crore) in its Series B round led by Vertex Ventures Southeast Asia & India, with participation from existing backers Nexus Venture Partners, Stellaris Venture Partners, and Omidyar Network. 

Entrackr had exclusively reported the development last week.

The proceeds will be used to  accelerate Kiwi’s product roadmap, bolster unit economics, and drive customer acquisition.

Launched in 2022 by Siddharth Mehta, Mohit Bedi, and Anup Agrawal, Kiwi enables users to access RuPay credit cards on UPI,…