Founded in 2020 by Dominican Republic natives Mariano Sanz and Alexander Schachter, Kiwi offers an AI-driven mobile platform that provides small-dollar lines of credit to U.S. Latinos who lack traditional credit histories. The service has already reached more than 100,000 consumers and is designed to help users build or repair their credit profiles while accessing transparent, fairly priced capital. Kiwi follows a playbook proven in emerging markets: start with credit, then layer on savings, spending, and additional financial products to drive long-term economic mobility. The company targets the nearly 20 % of the U.S. population that is Latino, a segment contributing over $4 trillion annually to the economy yet remains underserved by mainstream financial institutions. Advanced AI underwriting and alternative data power Kiwi’s approvals, while the mobile experience simplifies repayment and credit-building for customers. With new institutional backing, the team plans to enter more states, roll out new product lines, and scale its platform to millions of users. Earlier in 2023, Kiwi raised an $8 million Series A to support these growth ambitions.

Total raised

$180M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Nov 2025