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R5

fintech

R5 is a Colombian fintech startup that provides credit solutions for the purchase of used vehicles, including cars and motorcycles, aiming to improve financial health in Latin America. The company offers loans specifically for acquiring used automobiles, enabling individuals to obtain a vehicle through financing. Its customers are primarily individuals in Colombia seeking affordable vehicle ownership. R5 has secured a debt deal from UK fund Lendable to increase its credit offerings and raised $7 million in a financing round to continue building financial health solutions for Latin Americans.

1 funding rounds tracked. Amounts, dates and investors are available to premium members.
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