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About
Addi provides a buy now, pay later service that allows customers to make purchases and pay in installments without interest, additional costs, or paperwork. The company's technology enables seamless and transparent digital commerce in Latin America.
Company Stage
N/A
Employees
501-1,000
Industries
Fintech, Financial Services
Total Funding
$250.4M
Headquarters
N/A
Founded
2018
Simplify's Take
What believers are saying
- Addi's recent $200M funding round will fuel its expansion into Mexico, opening new market opportunities.
- The marketplace feature within the app can drive higher user engagement and merchant partnerships, enhancing revenue streams.
- Strong investor confidence, as evidenced by multiple funding rounds, indicates robust growth potential and financial stability.
What critics are saying
- The BNPL sector is highly competitive, with global players potentially entering the Latin American market and challenging Addi's position.
- Regulatory changes in financial services could impact Addi's operations and growth strategy.
What makes Addi unique
- Addi's integration of a marketplace into its BNPL app allows users to finance and purchase products directly, offering a seamless shopping experience.
- The company's focus on the Latin American market, particularly Colombia, Brazil, and Mexico, positions it uniquely in a region with growing demand for BNPL services.
- Significant backing from high-profile investors like Goldman Sachs, GIC, and Softbank provides Addi with substantial financial leverage and credibility.
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6 month growth
↑ 9%1 year growth
↑ 25%2 year growth
↑ 10%Benefits
Remote work: Work from anywhere in the world. And if you want to share some time, you can visit our offices in Bogotá or São Paulo.
Health insurance: Your health comes first, that's why we give 100% coverage for you and 50% for the close relatives you want.
Learn and grow: We love that everyone learns new things, that's why you can participate in our English and Portuguese classes
Flexible schedule: What interests us? Your achievements and goal completion, not the time you spend at your desk.
Own Addi: If it's real. You have the possibility to own a part of Addi by buying shares.
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