Quona Capital leads US$15 million investment in ADDI
Yesterday (21), the loaning startup announced it received a capital injection for US$15 million in an investment round led by Quona Capital.
This loaning startup launched operations in 2018 and with its latest round, ADDI has amassed nearly US$32 million in funding.
ADDI eyes foreign marketsThe Colombian fintech will make an international leap into both Brazil and Mexico by the end of this year thanks to Quona and friends’ investment.
ADDI constitutes Quona Capital’s first contribution to a Colombian startup.
Just this week, another Colombian fintech, Zinobe, announced it raised a financing round for up to US$30 million in credit.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
In 2018, 82% of businesses that went under did so because of cash flow problems.
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