Addi (Puerto Rico)
ColombiaFintech / BnplFounded 2018
Addi is a fintech company operating in Puerto Rico that provides buy-now-pay-later (BNPL) solutions, allowing consumers to purchase goods and pay for them in installments without interest or complex paperwork. The service works by enabling customers to obtain credit limits quickly using just their ID and WhatsApp, which can be used at over 35,000 physical and online stores or directly through the Addi marketplace app. Customers can choose between flexible short-term options, such as three interest-free installments, or larger credit plans allowing payments over up to 24 months. The company differentiates itself through a digital-first approach that eliminates traditional documentation requirements, facilitating easy access to credit for everyday purchases.