Vertex Ventures led a $24m Series B round in Kiwi.

Vertex Ventures, a global network of funds, led a $24m Series B round in Kiwi, a fintech startup, with a participation from Omidyar Network, Stellaris Venture Partners and Nexus Venture Partners. The company plans to use the fresh capital to launch credit lines on the Unified Payments Interface (UPI) within the next six months, a product that has been in the works since the Reserve Bank of India (RBI) gave its approval in September 2023.