Industry Newsroom

Union Square Ventures Leads USD65m Series B for Colombian Lending Platform ADDI

Union Square Ventures led a USD65m Series B for ADDI, a Colombia-based point-of-sale lending platform, with participation from 8VC, Citius Capital, Endeavor Catalyst, The Marathon Fund, Hans Tung (GGV) and Huey Lin (Affirm), and follow-on from Andreessen Horowitz, Foundation Capital, monashees and Quona Capital. ADDI secured a USD30m credit line from Architect Capital as part of the round. Read more