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Addi

Addi

Addi is a BNPL (Buy Now, Pay Later) platform that allows consumers to split their purchases into installments in physical and online stores.

OverviewStructured DataIssuesContributors

Contents

co.addi.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
‌
Consumer Lending
Financial technology
Financial technology
Financial services
Financial services
E-commerce
E-commerce
Payment system
Payment system
Buy Now, Pay Later
Buy Now, Pay Later
Location
Colombia
Colombia
Bogotá
Bogotá
B2X
B2B2C
B2B2C
CEO
Santiago Suarez
Santiago Suarez
Founder
Santiago Suarez
Santiago Suarez
Daniel Vallejo
Daniel Vallejo
Elmer Ortega
Elmer Ortega
AngelList URL
angel.co/company/addi
Number of Employees (Ranges)
201 – 500
Email Address
support@addi.com
Full Address
Cl. 71 ##5-97, Bogotá, Colombia
Investors
AlleyCorp
AlleyCorp
Fasanara Capital
Fasanara Capital
Monashees
Monashees
Tom Stafford (Entrepreneur)
Tom Stafford (Entrepreneur)
The a16z Cultural Leadership Fund
The a16z Cultural Leadership Fund
Goldman Sachs
Goldman Sachs
Foundation Capital
Foundation Capital
Village Global
Village Global
...
Founded Date
2018
Total Funding Amount (USD)
111,300,000
Latest Funding Round Date
December 20, 2021
CTO
Carlos Andres Toro
Carlos Andres Toro
Latest Funding Type
Series B
Series B
Country
Colombia
Colombia
Headquarters
Bogotá
Bogotá

ADDI is a Bogota-based financial technology company specializing in creating services for digital consumer loans. It is a point-of-sale lending startup that allows for consumers to pay for products using a loan.

Product

Users of ADDI can access the service at any of its partner stores, which consist of both physical stores and online marketplaces. In order to apply for the loan for the purchase, users need to provide identification, an email address, and a WhatsApp phone number. When users make the purchase, they can select ADDI to finance their purchase and then pay ADDI for the purchase in installments.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Colombian point-of-sale lender ADDI nabs $12.5 million from Andreessen Horowitz

Jonathan Shieber

https://techcrunch.com/2019/06/11/colombian-point-of-sale-lender-addi-nabs-12-5-million-from-andreessen-horowitz/

Web

June 11, 2019

References

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