KiWi solves a key issue of microfinance in developing countries, the lack of data on the merchants that need loans. The company distributes a card reader for small merchants in Mexico. Thanks to a mobile point-of-sales app, merchants can manage their business, collect payments and generates reliable insights into business performance. Using this data, KiWi automatically deploys preapproved microfinance loans in a matter of seconds.
Location: Switzerland, Vaud, Lausanne
Total raised: $3.2M
Investors 1
Date | Name | Website |
- | Verve Vent... | verve.vc |
Funding Rounds 1
Date | Series | Amount | Investors |
22.01.2019 | Series A | $3.2M | - |