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Ant International Taps into Latin American Mkt, Announces Investment in Loan Company R2
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Ant International is dabbling into the Latin American market by announcing a strategic investment in the loan company R2, with an aim to broaden credit channels for small and medium-sized enterprises. In the future, Ant International will provide AI tools to R2 to reduce credit costs.

R2 is engaged in providing loan infrastructure and funding, enabling delivery company Rappi and ride-hailing app InDrive to offer financial services under their own brands.

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