NEWS
Addi Secures a $71M Credit Upsize from Fasanara Capital, Goldman Sachs, and BBVA Spark
17 November 2025
Fasanara Capital strengthens partnership with Addi to advance inclusive credit infrastructure in Latin America.
LONDON – 18 November 2025 – Fasanara Capital has increased its credit commitment to Addi, a leading commerce and financial platform in Colombia, by $11 million as part of a broader $71 million upsizing of Addi’s credit facilities alongside Goldman Sachs. This renewed commitment strengthens Addi’s capital position and supports its mission to build modern, inclusive credit infrastructure across Latin America.
“Fasanara is committed to advancing the future of buy now, pay later (BNPL). Our partnership with Addi reflects a shared vision to expand access to fair and responsible credit,” said Francesco Filia, CEO of Fasanara Capital.
“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 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. As we close out an exceptional year, we are excited for our next chapter of expanding access to fair, responsible credit across the region.”
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. Today, more than 2.5 million consumers and 30,000 merchants rely on Addi’s platform to power everyday commerce.
The additional capital will support Addi’s growing merchant footprint and the rollout of innovative products designed to help consumers better manage cash flow and build positive credit outcomes. With this investment, Addi is well-capitalised to close out 2025 and continue scaling responsibly across Colombia.
About Fasanara Capital
Fasanara Capital is a London-based, FCA-regulated asset management company. Founded in 2011 and based in London, Fasanara Capital is a pioneer 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. For more information, please visit www.fasanara.com.
About Addi
Addi is the leading commerce and financial platform in Colombia, serving more than 2.5 million consumers and 27,000 merchants across SMBs and large enterprises. The company powers everyday commerce by expanding access to credit, enhancing transaction experiences, and driving strong conversion. Its advantaged business model leverages a proprietary platform, dual-sided ecosystem, differentiated solutions, and valuable data to deliver strong customer and merchant value, powerful network effects, and efficient growth. Founded in 2018, Addi is backed by global investors including Andreessen Horowitz, GIC, and Union Square Ventures.
About BBVA Spark
BBVA Spark is the bank for high growth companies and venture capital funds. BBVA Spark allows all its customers to cover their financial needs in one place, from the most basic products, such as collections/payments, payroll, cards, etc. to structured financing products, such as venture debt or Asset Backed Lending, adapted to companies already in more advanced stages of development or that already have funds from venture capital investors in their "captable".
BBVA Spark is already present in 5 regions, has more than 1,700 customers and has facilitated over 750 million euros in bank financing for both working capital solutions and long-term investment projects.
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