Addi, a Columbian fintech and buy-now-pay-later startup, recently raised more than $200M including $80M in equity and $125M in debt. The equity funding was led by GIC and Softbank, while the majority of debt financing came from Goldman Sachs. The announcement comes after the company closed a previous round in August, and represents another data point in the continuing flood of venture capital money into Latin America; the annual funding of the region’s startups is anticipated to top $10B for the first time in 2021.
SoftBank, GIC back Colombia Fintech’s $200 Million funding round