Ant International Invests in Latin American Fintech R2 to Expand Lending
Photo by Carlos Ramírez on Unsplash
Ant International, a division of Ant Group, is investing in the Latin American fintech company R2, an embedded lending firm focused on providing credit solutions to small and medium-sized enterprises. This investment, a primary capital injection, aligns with Ant International's strategy of integrating financial services within existing business ecosystems.
Key takeaways
- Ant International, the global division of Ant Group Co
- co-founded by Jack Ma, is making a strategic investment in Latin American fintech company R2, according to Bloomberg
- The investment involves a primary capital injection into R2, an embedded lending firm specializing in providing credit solutions to small and medium-sized enterprises (SMEs)
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