Addi secured a fresh Series D round, bringing its total equity funding to $85 million.
Addi is a leading commerce and financial services platform in Colombia, serving more than 3 million customers and over 39,000 merchants, ranging from small businesses to large brands.
The round was led by Citius, a global investment firm focused on backing exceptional technology companies and a long-term shareholder in Addi.
BTG Pactual’s Private Capital division co-led the round, investing out of its Growth Strategy, which focuses on backing high-growth companies across Latin America.
As part of this investment, Addi and BTG Pactual have agreed to collaborate on joint strategic initiatives in the Colombian market.
Addi says it will use the Series D proceeds to continue growing the credit platform, strengthen technology infrastructure, and expand its portfolio of financial products for consumers and merchants across Colombia.