Ant Invests in R2 to Boost LatAm Embedded Lending

Image for article Ant Invests in R2 to Boost LatAm Embedded Lending
News Source : pymnts.com

News Summary

  • Payments FinTech Ant International is investing in Latin American embedded lending infrastructure company R2.
  • The investment is aimed at expanding access to credit for small and medium-sized enterprises (SMEs) throughout the region.
  • R2 enables digital platforms to offer financing solutions quickly and securely through an API-based, end-to-end white-labeled experience.
  • The company offers its revenue-based financing model through digital platform partners in the region like inDrive, Uber Eats, Rappi, Haulmer and PayU.
Payments FinTech Ant International is investing in Latin American embedded lending infrastructure company R2.The investment, announced Thursday (Oct. 30), is aimed at expanding access to credit for s [+2673 chars]

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