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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
Debt Financing
Employees
501-1,000
Industries
Fintech, Financial Services, Consumer Goods
Total Funding
$250.4M
Headquarters
Bogotá, Colombia
Founded
2018
Simplify's Take
What believers are saying
- Addi secured a $100M credit line to expand its BNPL services in Colombia.
- Addi's integration of AI models reduces default rates and improves customer satisfaction.
- Partnerships with e-commerce platforms expand Addi's reach and user base.
What critics are saying
- Increased competition from BNPL providers like Kueski in Mexico.
- Regulatory scrutiny in Colombia and Brazil may tighten BNPL service regulations.
- Potential economic downturn in Latin America could increase default rates on BNPL loans.
What makes Addi unique
- Addi offers interest-free installment payments at point of purchase in partner stores.
- Addi integrates a marketplace into its app for seamless shopping and financing.
- Addi leverages AI-driven credit scoring for accurate and efficient credit assessments.
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6 month growth
↑ 7%1 year growth
↑ 24%2 year growth
↑ 9%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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