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Addi
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Summary
location iconBogata, Colombia
website
company sizeCompany size: 51-200

Addi is a financial technology business focused on digital commerce in Latin America. Addi offers credit at the point of sale for consumers to enable Latin American merchants to expand their e-commerce business with a buy now, pay later offering.

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Fintech
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Addi - Recent News & Articles

Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed

Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the indus...

Source: CNBC

Michael P. Lyons assumes leadership of Fiserv as CEO

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced that Michael P. Lyons has been appointed Chief Executive Officer of Fiserv. ...

Source: Finextra

More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says

A Lending Tree survey found 25% of buy now, pay later users are funding grocery purchases with the loans, up from 14% in 2024. The survey said 41% of respondents said they made a late payment on a BN...

Source: CNBC

FinTech IPO Index Plunges 11.7% Amid Broad-Based Market Rout

There was nowhere to run this week for investors seeking to escape a market rout that came on like a tidal wave, crashing down Thursday. Tariffs, of course, dominated, and once they were real, as of W...

Source: PYMTS

Stablecoin operator Circle files for IPO as revenues jump to $1.7bn

Circle Internet, the US group behind the world’s second-largest stablecoin, has filed to list in New York, the first major cryptocurrency company to try for an initial public offering since President ...

Source: Financial Times

Block chops 931 staff and closes open positions

US fintech Block is laying off 931 staff and closing 748 open roles, as the mobile payments and POS company undergoes a major reorganisation. Dorsey told staff that 391 roles would be cut for "strateg...

Source: Finextra

Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout

U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days to 60 months, according...

Source: CNBC

EToro goes public on IPO filing

eToro Group Ltd (“eToro”) today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed initial publ...

Source: Finextra

US recession would be a big catalyst for Bitcoin: BlackRock

Bitcoin would be a big winner from a potential US recession as it’s built to thrive in a high fiscal spending, low interest rate environment, says a BlackRock executive. BlackRock’s head of digital as...

Source: Cointelegraph

Fiserv CEO transition took only 10 days, CFO says

Fiserv’s leadership transition was over in less than two weeks last month, with the payment processor now run by two top executives after Chairman and CEO Frank Bisignano deemed his successor ready to...

Source: Payments Dive