Google Ventures led a $15m funding round in R2.

Google Ventures, a venture capital firm, led a $15m funding round in R2, a fintech startup. “It is a testament to our mission, progress and team that amidst market turbulence and fundraising uncertainty we were able to achieve this milestone. In Latin America, 87% of credit demand by small businesses is unmet – in tough times like these, capital becomes even more scarce. But technology platforms such as POS systems, payment processors and marketplaces have accumulated reams of underwriting-rich data, paving a new road to reach these small and medium businesses,” Roger Larach and Roger Teran, R2 Founders.