“Can an embedded capital-as-a-service layer become the default way Latin American SMBs access credit via the platforms they already use?”
Founded in 2020 in Mexico City as an API-first embedded lending platform. R2 enables platforms (POS systems, marketplaces, ride-hailing apps) to offer revenue-based financing to their SMB merchants across Latin America, taking on credit risk and handling KYC/compliance so platform partners don't have to. Has partnered with Uber, inDrive, Rappi, and Haulmer to power their capital arms. Recent strategic investment from Ant International signals ambition to scale across LatAm.
R2's lending and capital products are provided by R2 (in-house).
R2 is founded in 2020 and headquartered in Mexico City, Mexico.
R2 has raised $24M equity + $50M debt facility in total (latest round: Series A extension, 2024).
Get a read on where your own stack stands against R2 and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.