Colombian fintech Addi boosts existing financing
Colombia

Colombian fintech Addi boosts existing financing

Cuatrecasas (Colombia) and Carey Olsen in the Cayman Islands have helped Colombian fintech Adelante Soluciones Financieras (Addi) increase an existing financing facility to US$227 million.

Mayer Brown LLP in Chicago and Philippi Prietocarrizosa Ferrero DU & Uría (Colombia) advised lenders Goldman Sachs and Fasanara Capital.

Latin Lawyer understands that Paul Hastings LLP in New York also advised Addi but could not confirm this before publishing.

The deal closed on 1 November.

The financing hands Addi an additional US$57 million in financing.