The Fintech Playbook for Latin America
Episode publishedPodcast: The a16z ShowThe a16z Show
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Don't let your ambition fall prey of commercial wisdom. If you're a consensus play, there's just no alpha. We serve over 3,000,000 consumers, over 50,000 merchant partners. We have incredible cost to serve economics, over 200 agents in production. We built a company on a monorepo as opposed to microservices. Monorepos today are all the rage. Anthropics built on a monorepo. Google, obviously, famously is a monorepo company. But when we started the company, microservices was where it was at.
So why did you make that decision? Or what gave you the forethought to make it?
I hired the best CTO in the business.
How did you get your organization culturally moving as quickly as you have?
It's basically a combination of two things. We have a very clear view of where we are and where we wanna be. We have been extremely explicit with folks about standards and expectations. It's not going to be easy. It hasn't been easy.
Building a technology company in Latin America often means solving problems that don't exist elsewhere. Fragmented financial infrastructure, limited access to credit, and underdeveloped software systems create challenges, but also opportunities to rethink how commerce and financial services work. Over the last several years, Adi has grown from a buy now, pay later product into a broader platform spanning payments, commerce, logistics, and banking. Angela Strange and Gabriel Vazquez speak with Adi founder and CEO Santiago Suarez about financial inclusion, technology infrastructure, AI, and buil
We're here today with Santiago Gosuarez, the founder and CEO of Adi. Adi is a buy now, pay later marketplace and payments platform in Colombia, and now just recently a bank. And Adi has served over 25% of the population. Welcome to the show.
Thrilled to be here. Thank you.
So for those in our audience who may be less familiar with Adi, can you give us a sense of what does the company do now and what scale are you at?
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