Fintech R2 Reaches $100 Million
Valuation After Google-Led Round
Latin American fintech firm R2 reached a $100 million
valuation following a $15 million Series A round led by Google’s Gradient Ventures.
Other participants on this round are Femsa Ventures and PayU
R2, named after a statistics concept, provides lending infrastructure
The loans they offer range from $500 to $25,000.
We’re solving the credit deficit by allowing other platforms to lend to small and medium enterprises,
said Larach in an interview