Addi operates a Colombian fintech platform processing Buy Now, Pay Later transactions and banking services across a dual-sided ecosystem connecting 2.5 million consumers with 26,000+ merchants. The company holds regulatory approval to operate as a bank in Colombia and reports $200 million in annual recurring revenue. Its infrastructure runs on a proprietary credit underwriting model designed to assess consumer lending risk in Latin American markets where traditional credit bureau data is sparse or unreliable.
The security surface spans payment processing at scale, regulatory compliance for banking operations, and protection of sensitive financial and transaction data across merchant integrations and consumer touchpoints. The platform must defend against fraud vectors specific to BNPL models - synthetic identity attacks, account takeover, and merchant-side collusion - while maintaining uptime for commerce transactions. With $420 million in debt commitments on the books and backing from Andreessen Horowitz, GIC, and Goldman Sachs, the risk profile includes both operational resilience and financial data integrity under scrutiny from institutional stakeholders.
Technical domains include payment infrastructure, credit risk modeling systems, banking regulatory compliance frameworks, and API security for thousands of merchant integrations. The company operates in a regulatory environment that requires adherence to Colombian banking standards while scaling consumer lending operations across Latin America.
