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§ Private Profile · San Juan, NA - Puerto Rico, Puerto Rico
Fintech company providing 100% digital personal loans via mobile app for underbanked Latinos, using AI to build credit history.
Kiwi is a fintech company based in San Juan, Puerto Rico, offering 100% digital personal loans through its mobile app. The platform provides loans up to $3,000 with flexible repayment options, utilizing AI for underwriting and fraud prevention, serving underbanked Latino immigrants in the US and Puerto Rico. Kiwi reports payments to major credit bureaus including Equifax, TransUnion, and Experian to help users build credit history, servicing over 100,000 users. The company has raised over $15 million in equity, including a $7.8 million Series A round, and secured a $75 million credit facility from i80 Group. Notable investors include LIP Ventures, Advent-Morro Equity Partners, and Morro Ventures; founded in 2020 by Mariano Sanz and Alexander Schachter. Its business model centers on earns revenue through personal loans with APRs from 0% to 35%, funded by equity investments and a $75 million credit facility.
Kiwi has raised $257.3M across 10 funding rounds.
Kiwi has raised $257.3M in total across 10 funding rounds.
Kiwi has raised $257.3M in total across 10 funding rounds.
Kiwi's investors include Jacob Haar, Vertex Ventures, Nexus Venture Partners, Omidyar Network, Stellaris Venture Partners, Beau Woodward, Jacob Panero, Tyler Johnson, Treasa Mathew, Advent-Morro Equity Partners, Altio Capital, Edward Goldstein.
KiwiTech is a New York-headquartered technology services company founded in 2009 that partners with startups, enterprises, and government authorities to build custom digital solutions.[1][2][4] It specializes in end-to-end services like AI and blockchain integration, IoT applications, mobile/web development, UX design, software prototyping, and extended reality, serving over 20 industries including HealthTech, FinTech, EdTech, SportsTech, Retail, Real Estate, and Travel & Hospitality to drive growth and competitive edges.[1][2][4] With an ecosystem of 600+ portfolio startups, 3,000+ investors, and 300+ mentors, plus clients like McKinsey, Accenture, P&G, and the World Bank, KiwiTech has raised $7.03M and acts as both a development partner and strategic investor.[1][2][4][5]
The company supports entrepreneurs from ideation to scaling, offering tailored guidance, resources, and connections to enterprise partners, while maintaining a center-of-excellence status for hiring dedicated software developers.[2][4]
KiwiTech was founded in 2009 by successful entrepreneurs who previously built Aptara, a market-leading publishing services firm scaled to over 5,000 global employees.[2] Leveraging their expertise in processes, technology, and capital sourcing, the founders shifted focus to custom software development and innovation partnering, adopting a consultative approach for startups, unicorns, and established tech leaders.[1][2]
Early traction came from identifying and nurturing potential leaders, evolving into a robust ecosystem with 600+ portfolio startups.[2][4] Pivotal moments include securing investments for clients (e.g., a major EHR deal in behavioral health) and building long-term enterprise relationships, establishing KiwiTech as a top U.S. software development firm.[2][4]
KiwiTech rides the wave of digital transformation, capitalizing on demand for AIoT, blockchain, and custom software amid accelerating startup scaling and enterprise modernization.[1][2][4] Its timing aligns with post-2009 tech booms in mobile, cloud, and emerging tech, positioning it to bridge startups with enterprises in high-growth sectors like HealthTech and FinTech.[2]
Market forces favoring KiwiTech include the explosion of startup ecosystems needing affordable, expert development without in-house teams, plus investor appetite for vetted tech plays.[2][4] It influences the ecosystem by fostering 600+ startups, enabling pivots to profitability, and setting standards for collaborative innovation, reducing barriers for founders globally.[1][2]
KiwiTech is poised to expand its ecosystem amid rising AI and IoT adoption, potentially growing its 600+ portfolio through deeper government and enterprise ties in verticals like HealthTech and Real Estate.[1][2][4] Trends like edge computing and sustainable tech will shape its trajectory, amplifying demand for its turnkey solutions.
Its influence may evolve into a full-fledged venture builder, leveraging founder expertise to launch in-house unicorns, solidifying its role as the go-to innovation partner from New York's digital frontlines.[2][4]
Kiwi has raised $257.3M across 10 funding rounds. Most recently, it raised $100.0M Debt in November 2025.