Fintech R2 Inks $100 Million Credit Line to Boost Mexico Lending
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Latin American financial technology firm R2 secured a $100 million credit line from San Francisco-based Community Investment Management, to boost lending in Mexico, its largest market.
R2 provides lending infrastructure and capital to allow companies including clients like Clip and Frubana, to offer financial services under their own brands. The facility obtained is a type of loan known as warehouse debt, said co-founder Roger Larach in an interview.