INFOGRAPHIC: Top LatAm Startup Funding — Week 48
In this week's funding deals, we tracked Addi, Makasí, Agilize, Bia Energy and NoPing in the LatAm region.
- Addi, a Colombian fintech, secures a $100 million credit line from Victory Park Capital to expand its "buy now, pay later" services.
- Makasí, a Brazilian fintech, secures $19 million to increase access to credit for small real estate developers in Brazil.
- Agilize, a Brazilian fintech, secures $9 million to accelerate the growth of its accounting platform for SMEs in Brazil.
- Bia Energy, a Colombian smart-energy provider, secures $8.5 million with climate-focused investors to expand its services.
- NoPing, a Brazilian startup, receives a $2.9 million investment to expand globally in the gaming sector.
Addi Secures $100 Million Credit Line to Scale Operations and Expand BNPL Services in Colombia
Colombian fintech Addi has raised a $100 million credit line from Victory Park Capital, bringing its total funding to $562 million. This follows a $86 million round in March 2024.
Founded in 2018, Addi offers a "buy now, pay later" solution, enabling consumers to make purchases and pay in instalments, while providing merchants and customers with greater access to credit. The company serves 2 million customers and partners with over 18,000 merchants.
The new funding will help Addi scale operations, grow its marketplace, and expand its BNPL services across Colombia, aiming to create a more integrated ecosystem with better financial options for clients and partners.
