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AddiB2B BNPL
Addi provides buy-now-pay-later financing for businesses in Latin America.
$85MSeries D
Investor undisclosed
An $85M Series D for a regional BNPL player signals that Latin America's B2B fintech infrastructure is still attracting growth capital despite BNPL's consumer-facing struggles—the bet is on embedded financing for SMBs, not consumer wallets. At this stage and check size, Addi is likely scaling underwriting/risk models and expanding merchant coverage across multiple countries, not chasing unit economics. If you're building B2B financial products in emerging markets, watch whether they're hitting unit-level profitability; if they are, it validates that SMB financing (vs. consumer lending) can work at scale in regions with thin credit data.