R2

R2

Private
Mexico City, Ciudad de MéxicoFinTechhttps://www.r2.co

Last Round

VC Round

Oct 29, 2025

Est. Valuation

$100M

Total Funding Raised

$179.9M

Momentum Score

50 /100

Company Overview

R2 is a Latin American embedded finance platform founded in 2020 and headquartered in Mexico City. The company provides a 'Lending-as-a-Service' infrastructure that enables technology platforms such as marketplaces, payment processors, and ride-hailing apps to seamlessly offer financing to their small and medium-sized business (SMB) users. R2's API-first solution handles the end-to-end lending process, including machine learning-based underwriting, compliance, and collections, allowing its partners to provide capital to their merchants without taking on credit risk. The company operates in Mexico, Chile, Colombia, and Peru, and has partnered with major platforms like Rappi, Clip, PayU, and inDrive. R2 is backed by prominent venture capital firms including Y Combinator, General Catalyst, and Google's Gradient Ventures.

Sector

FinTech

Verticals

Lending & Credit, Credit Scoring, Platform-as-a-Service, API Management

Business Model

B2B

Customer Profile

Revenue Share, Usage-Based SaaS

AI Layer

Application

Keywords

embedded lendinglending as a serviceembedded financerevenue-based financinglending APISMB lendinglending infrastructurewhite-label financingFinTech infrastructureLatAm FinTechdata-driven underwritingLaaScredit risk managementloan servicingB2B2B platform

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Caplight Momentum Score

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R2 Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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R2 Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundOct 29, 2025
Series A ExtensionNov 28, 2024
DebtNov 28, 2024
DebtMay 5, 2023
Series ASep 2, 2022
Seed
Feb 3, 2022

Key People

Founding team and executive leadership

Roger Larach

Co-Founder CEO

Founding Team

Javier G. Scappini

Chief Technology Officer

Executive Team

Guillermo Bravo

Chief Product Officer

Executive Team

R2 Investors

Notable investors and investment history

InvestorRounds
Gradient VenturesSeries A Extension, VC Round, Series A
Endeavor CatalystSeries A Extension, VC Round
Antoni & Lelo de Larrea Venture PartnersVC Round, Series A Extension
FEMSA VenturesSeries A, VC Round
Magma PartnersSeries A, VC Round
General CatalystSeries A, VC Round, Seed
Community Investment ManagementDebt

Market signals

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  • Mar 13, 2026

    Expanding tax and operational activities across Latin America and the Cayman Islands.

  • Jan 1, 2026

    Plans to more than double team size to over 130 by 2026.

R2 Filings

SEC and related filings with document metadata.

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R2 Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about R2's valuation, stock price, and market status.

Firmographic Details

HeadquartersMexico City, Ciudad de México
Employee Range108
Year Founded2020
Last FundingOct 29, 2025

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