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CORRECTING and REPLACING Addi Secures a $71M Credit Upsize from Goldman Sachs, Fasanara Capital, and BBVA Spark, Reinforcing Global Confidence and Accelerating its Growth

via Business Wire

A renewed commitment from top financial institutions reinforces Addi’s capital position to close 2025, while accelerating its mission to build modern, inclusive credit infrastructure.

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The updated release reads:

ADDI SECURES A $71M CREDIT UPSIZE FROM GOLDMAN SACHS, FASANARA CAPITAL, AND BBVA SPARK, REINFORCING GLOBAL CONFIDENCE AND ACCELERATING ITS GROWTH

A renewed commitment from top financial institutions reinforces Addi’s capital position to close 2025, while accelerating its mission to build modern, inclusive credit infrastructure.

Addi, the leading commerce and financial platform in Colombia, announced today $71 million in incremental funding commitments from longstanding backers. The incremental funding includes a $57 million upsize from Goldman Sachs and Fasanara, taking the total commitments from them to $227 million. It also includes a $14 million revolving credit facility from BBVA Spark, taking the total commitments from BBVA Spark to $50 million. The renewed and expanded investment from some of the world’s most trusted and respected financial institutions underscores clear, global conviction in Addi’s platform and growth trajectory. It also marks a powerful close to a breakout year and strengthens Addi’s foundation to scale. Including this $71 million, the company now has over $420 million in total debt commitments, more than doubling from the beginning of the year.

Addi has consistently ranked among the fastest-growing consumer finance platforms in Latin America. The company recently surpassed $190 million in annualized revenue and achieved its fifth consecutive profitable quarter—fueled by 100% year-over-year growth for five years running.

The company’s dual-sided ecosystem and proprietary underwriting engine are core to its differentiated platform, which drives high consumer engagement and merchant ROI. Today, over 2.5 million people and 30,000 merchants rely on Addi’s platform to power everyday commerce.

“We’ve always believed Colombia deserves a credit system that works for everyone,” said Santiago Suárez, co-founder and CEO of Addi. “The continued support of Goldman Sachs, Fasanara, and BBVA Spark is more than financial backing as we close out an exceptional year. We are excited for our next chapter of expanding access to fair, responsible credit across the region.”

The capital will support Addi’s growing merchant footprint and the rollout of new, innovative products that help consumers better manage cash flow while building positive credit outcomes. With this investment, Addi is now in its strongest liquidity position to date—well-capitalized to close out 2025 and continue scaling responsibly across Colombia.

“Fasanara is committed to advancing the future of BNPL. Our partnership with Addi unites a shared vision,” says Francesco Filia, CEO at Fasanara Capital.

“From BBVA Spark, we firmly believe in Addi’s potential to continue driving financial inclusion and access to digital credit in the region,” said Eduardo González Montes de Oca, Country Manager at BBVA Spark Colombia & Argentina. “This increase in the USD$35 million credit line we provided to the company earlier this year reflects our confidence in its business model and its capacity for sustainable growth in Colombia.”

With millions of users, thousands of merchant partners, and a steady cadence of capital inflow and institutional support, it couldn’t be clearer that Addi is among the leading fintechs in Latin America and beyond.

About Addi

Addi is the leading commerce and financial platform in Colombia, serving more than 2.5 million consumers and 30,000 merchants across SMBs and large enterprises. The company powers everyday commerce by expanding access to credit, enhancing transaction experiences, and driving strong conversion. Its advantaged business model leverages a proprietary platform, dual-sided ecosystem, differentiated solutions, and valuable data to deliver strong customer and merchant value, powerful network effects, and efficient growth. Founded in 2018, Addi is backed by global investors including Andreessen Horowitz, GIC, and Union Square Ventures.

About Goldman Sachs

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

About Fasanara Capital

Fasanara Capital is a London-based, FCA-regulated asset management company. Founded in 2011 and based in London, Fasanara Capital is a pioneer in alternative credit, focusing on fintech and technology-driven investments and managing over €5 billion in fintech strategies for pension funds, insurance companies, and other institutional investors globally. Through innovative financial solutions, Fasanara Capital continues to empower businesses with the working capital they need to thrive. For more information, please visit www.fasanara.com.

About BBVA Spark

BBVA Spark is the bank for high growth companies and venture capital funds. BBVA Spark allows all its customers to cover their financial needs in one place, from the most basic products, such as collections/payments, payroll, cards, etc. to structured financing products, such as venture debt or Asset Backed Lending, adapted to companies already in more advanced stages of development or that already have funds from venture capital investors in their "captable".

BBVA Spark is already present in 5 regions, has more than 1,700 customers and has facilitated over 750 million euros in bank financing for both working capital solutions and long-term investment projects.

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