NEWS
Addi Closes Credit Facility up to $170 Million with Goldman Sachs and Fasanara Capital, Strengthening Growth and Expanding Capital Structure
25 March 2025
Bogotá, Colombia – [25 March 2025] – Addi, the leading consumer lending, payments, and shopping fintech in Colombia, is pleased to announce a significant milestone in its growth journey with the successful closing of a new financing transaction. The deal includes a $50 million upsize from Goldman Sachs, reinforcing the firm's continued commitment to Addi, along with a $20 million mezzanine tranche from Fasanara Capital, marking the company’s first mezzanine facility. The total value of the combined facilities is $170 million.
This new financing underscores the confidence of global institutional investors in Addi’s business model, financial strength, and vision to expand access to digital credit solutions.
Fasanara delivers flexible and innovative capital solutions tailored to the evolving needs of fintech companies. “Embracing innovation and fostering growth is essential for Fasanara to continue its commitment to supporting transformative businesses and deepening the capabilities in key growth sectors and jurisdictions.” said Francesco Filia, CEO and Founder of Fasanara Capital.
“We are thrilled to have Goldman Sachs expand their existing facility and welcome Fasanara to our lender base,” said Augusto Rengifo, Vice President of Capital Markets & Funding at Addi. “This funding will enable us to scale our platform further, expand our merchant network, and deliver seamless compelling credit solutions to millions of consumers.”
The transaction marks a strong start to the year for Addi, further expanding its funding sources while reinforcing its commitment to financial inclusion and innovation. With this fresh capital commitment Addi is well-positioned to enhance its product offerings, drive further adoption of digital payments and improve financial accessibility across the region.
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About Addi
Addi is a Colombian fintech company founded in 2018, focused on making credit more accessible in Latin America. Specialising in "buy now, pay later" (BNPL) solutions, it allows consumers to shop and pay in installments without credit cards. By partnering with online and physical retailers, Addi simplifies financing with instant approvals and a seamless digital experience, driving financial inclusion and economic growth.
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
Founded in 2011, Fasanara is a global investment manager that offers tech-enabled asset-based credit and digital assets solutions. With c. $4.5 billion in assets under management, Fasanara employs a technology-driven, systematic investment approach to deliver uncorrelated returns. Fasanara manages capital on behalf of pension funds and insurance companies across the world.
With c. 110 employees globally, Fasanara is a pioneer investor in Fintech Lending through its liquid Alternative Credit funds, enabling Real Economy Impact. Powered by its technology platform with 141 fintech lenders fully integrated from over 60 countries, Fasanara manages the largest and longest standing Fintech Lending fund in Europe.
Additionally, Fasanara invests in early-stage Fintech companies through its venture capital vehicles, using its central role in the ecosystem to identify revolutionary new businesses. For more information, please visit www.fasanara.com.
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