Mexican fintech R2 has secured a $9 million round led by Hi Ventures and Cometa, alongside a $50M debt facility from Community Investment Management, to expand its embedded lending platform for SMBs across Latin America. With its API-driven, AI-powered underwriting models, R2 facilitates financial inclusion by partnering with platforms like Rappi and Clip, financing over 47,000 businesses in Mexico, Chile, Colombia, and Peru. The new funding will support product development, platform integrations, and enhanced AI capabilities, continuing R2’s mission to improve access to capital for underserved markets.