MEXICO – R2, a Mexico City-based embedded lending infrastructure company in Latin America, closed a $100m warehouse facility.
The financing was provided by Community Investment Management, a global impact-focused investment manager. The transaction provides the funding capacity to scale and strengthen the company’s lending capabilities and partnerships.Led by Roger Larach, Co-Founder & CEO, R2 is a key player in the sector launching multiple embedded lending partnerships and originating over $20m in Revenue-Based Financing and B2B Buy Now, Pay Later to over 6,000 small and medium business users (SMBs) in Mexico, Colombia, Chile, and Ecuador. Through its integration with technology companies in the payments and food delivery sectors, R2 empowers SMB users across the region to access the capital they need to grow and thrive. The warehouse facility follows a $15m Series A, led by Gradient Ventures, Google’s AI-focused venture fund. The growth, institutional capital base, and modern software infrastructure establishes R2 as the technology partner for companies seeking to embed financial solutions in Latin America.08/05/2023
