Wayra-backed consumer loan provider Addi has boosted its total funding to nearly $32m as it prepares to move into Brazil and Mexico.
Addi, a Colombia-based online lender backed by telecommunications firm Telefónica, has secured $15m in a funding round led by venture capital firm Quona Capital, Conxto reported yesterday.
Monashees, Andreessen Horowitz, S7 Ventures and Foundation Capital also took part in the round, which boosted the company’s overall funding to almost $32m according to Contxto.
Founded in 2018, Addi runs an online platform that provides loans of up to roughly $4,000 for consumers who have the option of repaying the debt in three,…
