Union Square Ventures led a $35m Series B round in ADDI.

Union Square Ventures led a $35m Series B round in ADDI, a Bogota- and Sao Paulo-based Buy Now Pay Later platform, with participation from 8VC, Monashees, Citius Capital, Endeavor Catalyst, the Marathon Fund, Andreessen Horowitz, Foundation Capital, Monashees, and Quona Capital. "In Colombia and Latin America, most consumers can’t be part of the digital economy. Paying online is incredibly difficult, affordability is limited, and very few folks have a credit card. We empower merchants and customers and make it possible for them to meet digitally and transact with a fast, fair, and disruptive way of paying," Santiago Suarez, ADDI CEO.