Kiwi Secures $100M Credit Facility for U.S. Expansion

Kiwi, the fintech company building AI-powered financial tools for underbanked Latinos in the U.S., today announced it has secured a $100 million credit facility from Community Investment Management (CIM). This financing follows the company’s $8 million Series A earlier this year and will accelerate its mission of expanding access to responsible credit for underserved Latino communities nationwide. Founded in 2020 by Mariano Sanz and Alexander Schachter, both originally from the Dominican Republic, Kiwi was created...

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