* The international arm of Ant Group Co., the online finance company co-founded by Jack Ma, on Thursday announced a strategic investment in R2, a lending infrastructure company in Latin America (LATAM), to expand access to credit for SMEs across the region.
* The companies didn’t disclose the size of the deal.
* Ant Group and Alibaba (BABA [https://seekingalpha.com/symbol/BABA]) are connected through their co-founder, Jack Ma, and Alibaba's 33% stake in Ant Group.
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Jack Ma-backed Ant ventures into Latin America with new fintech investment
Published 1 week ago
Oct 30, 2025 at 6:13 AM
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