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