Addi – AI-driven fintech
Financing Latin America's checkout revolution.
Colombian fintech Addi upsized its debt facility by $50 million, partnering with Victory Park Capital Advisors and Neuberger Berman.
The company has surpassed $150 million in annual revenue, recorded four consecutive profitable quarters, and is still growing 100 % year‑over‑year. Addi's dual‑sided ecosystem now counts 2.5 million consumers and 27000 merchants, including Apple, adidas, Movistar Plus+, and supermarket chain Grupo Éxito.
The platform offers instant instalment plans at checkout, bridging Latin America's credit gap. Co-founder & CEO Santiago Suárez says the region's underserved consumers need flexible credit to participate fully in the modern economy.
Revenue comes from merchant fees and interest spreads; network effects are building fast. Can BNPL reshape credit in a region where half the population lacks cards?
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#fintech #LATAM #BNPL #Colombia #fintechoftheday
Daniel Vallejo Elmer Ortega
Foto: Addi.
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