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

BOGOTÁ, Colombia – November 10, 2025.

Addi, the leading commerce and financial platform in Colombia, announced a $71 million credit upsize from long-standing institutional investors Goldman Sachs, Fasanara Capital, and BBVA Spark. The new round includes $57 million in incremental funding from Goldman Sachs and Fasanara, bringing Addi’s total debt commitments to $227 million, as well as an expanded $50 million revolving credit facility from BBVA Spark.

This renewed investment strengthens Addi’s capital position to close 2025 fully capitalized while supporting its mission to build a modern, inclusive credit infrastructure across Latin America.

Accelerating Growth and Strengthening Financial Inclusion

With this funding, Addi continues to rank among the fastest-growing fintechs in the region. The company’s total committed debt has now reached $420 million, nearly double what it held at the beginning of the year. Addi’s proprietary underwriting model and dual-sided ecosystem—connecting merchants and consumers—remain key drivers of its sustained growth.

“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 from Goldman Sachs, Fasanara, and BBVA Spark is more than financial backing — it’s a strong vote of confidence as we close out an exceptional year and prepare to expand fair, responsible access to credit across the region.”

The capital will support the expansion of Addi’s merchant network and the launch of new, innovative products designed to help consumers better manage cash flow while building healthy credit histories. With this transaction, Addi achieves its strongest liquidity position to date, ensuring a solid foundation for sustainable scaling into 2026.

Shared Vision for Responsible Credit

Francesco Filia, CEO of Fasanara Capital, stated:

“Fasanara is committed to advancing the future of Buy Now, Pay Later (BNPL). Our partnership with Addi reflects a shared vision of inclusion and financial empowerment.”

Eduardo González Montes de Oca, Country Manager at BBVA Spark Colombia & Argentina, added:

“Our increased $35 million credit line with Addi highlights our confidence in its business model and its capacity to drive sustainable financial inclusion in Colombia.”

About Addi

Addi is the leading commerce and financial platform in Colombia, serving more than 2.5 million consumers and thousands of merchant partners. Its “Buy Now, Pay Later” solutions promote access to fair, transparent credit while empowering businesses to grow responsibly. 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 offering a broad range of financial services to corporations, financial institutions, governments, and individuals. Founded in 1869, the firm is headquartered in New York with offices in all major financial centers worldwide.

About Fasanara Capital

Fasanara Capital is a London-based, FCA-regulated asset management company founded in 2011. The firm specializes in alternative credit and fintech investments, managing more than €5 billion in strategies for pension funds, insurance companies, and institutional investors globally.

About BBVA Spark

BBVA Spark is BBVA’s specialized unit for high-growth companies and venture-backed firms. It provides tailored financial products, capital solutions, and strategic support to innovative businesses. Operating in five regions, BBVA Spark has over 1,700 clients and has facilitated more than €750 million in banking and venture funding.

Media Contact – Addi

Katie Dolan

📧 [email protected]