Financial services for merchants on your platform

Most people who talk about credit risk in Latin America describe the problem. Roger Teran co-founded R2 to go after it. As co-founder and Chief Data Officer, he spent the last 6 years building the data systems behind one of the region's fastest-growing embedded lending platforms, from manually reviewing 6,000 merchants’ digital activity before a single AI model existed, to processing more than 10 billion transactions per month across five markets today. In this piece, he explains why the data that traditional lenders ignored turned out to be the most predictive signal available, what it actually costs to build a predictive credit model in a segment where no prior data exists, and what he's learned about small businesses in Latin America that you can't find in any financial statement.

Today we're launching R2 in Brazil, Latin America's largest economy. We're doing it with the support of Ant International, a global fintech company with expertise in payments and embedded finance, and we'll announce our first Brazilian partner soon.

We're expanding our partnership with Uber across Latin America. The Uber Earners financing program, which offers pre-approved credit to drivers and couriers directly through the Uber app, is now live in Mexico, Colombia, and Peru, extending embedded, platform-native financing to hundreds of thousands of people who earn through the platform.

We're in the final stretch. The 2026 World Cup ends July 19th, and the numbers have been genuinely significant. The Confederación de Cámaras Nacionales de Comercio, Servicios y Turismo (CONCANACO SERVYTUR) projects a total economic injection of up to 65,000 million pesos across Mexico, concentrated in the three host cities where the 13 Mexican matches were played. After Mexico beat South Africa in the opening match alone, CONCANACO estimated a preliminary spike of over 1,200 million pesos in consumption across Mexico City and surrounding areas, driven by restaurants, hotels, bars, transport, and local commerce.