Fasanara Capital has reportedly increased its credit commitment to Addi, a commerce and financial platform in Colombia, by $11 million as part of a $71 million upsizing of Addi’s credit facilities along with Goldman Sachs. This commitment enhances Addi’s capital position and supports its goal / objective to build more inclusive credit infrastructure across the Latin American region.
Francesco Filia, CEO of Fasanara Capital said that Fasanara “is committed to advancing the future” of buy now, pay later (BNPL).
Their partnership with Addi reflects a shared vision “to expand access to fair and responsible credit.”
Santiago Suárez, co-founder and CEO of Addi said that they have always believed Colombia deserves a “credit system that works for everyone.”
They added that the support of Goldman Sachs, Fasanara, and BBVA Spark is “more than financial backing; it’s a vote of confidence in our mission and in the sustainable business we’ve built.”
Fasanara’s increased investment “underscores its confidence in Addi’s platform, leadership, and long-term impact on the region’s financial ecosystem.”
Addi’s dual-sided model and proprietary “underwriting engine are central to its differentiated approach, driving high consumer engagement and strong merchant ROI.”
At present, more than “2.5 million consumers and 30,000 merchants rely on Addi’s platform to power everyday commerce.”
The capital will support Addi’s merchant footprint and the rollout of products designed to “help consumers better manage cash flow and build positive credit outcomes.”
With this investment, Addi is said to be well-capitalised “to close out 2025 and continue scaling responsibly across Colombia.”
As mentioned in the announcement, Fasanara Capital is a London-based, FCA-regulated asset management company.
Founded back in 2011 and currently based in London, Fasanara Capital is a key player 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.”
Addi is the commerce and financial platform in Colombia, “serving more than 2.5 million consumers and 27,000 merchants across SMBs and large enterprises.”
The firm enables everyday commerce by expanding “access to credit, enhancing transaction experiences, and driving strong conversion.”
Its business model leverages a “proprietary” platform, dual-sided ecosystem, differentiated solutions, and valuable data to deliver “customer and merchant value, powerful network effects, and efficient growth.”
Established back in 2018, Addi is reportedly backed by global investors such as Andreessen Horowitz, GIC, Union Square Ventures.