Addi secured a $100 million credit facility from Victory Park Capital to finance credit originations and enhance buy now, pay later solutions in Colombia.

Nov 19, 2024•11 months ago

Amount Raised

$100 Million

BogotáFinanceFintech

Investors

Victory Park Capital

Description

Addi, a Colombian fintech platform, has secured a $100 million credit facility from Victory Park Capital. This funding will support its mission to provide buy now, pay later solutions to consumers and merchants while continuing to grow its services.

Company Information

Company

Addi

Location

Bogotá, Capital District, Colombia

About

Addi is a payments and shopping platform, and the leading provider of Buy Now Pay Later solutions in Colombia. Founded in 2018, it focuses on creating abundance and generating pride among its customers and partners. Today, the company serves millions of customers and tens of thousands of merchants with its credit, payments, and shopping solutions. Addi's innovative approach has positioned it as a key player in the Colombian fintech market.

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