R2 Powers Uber Eats' Merchant Lending in Mexico

To kick off 2025, we’re thrilled to announce a seminal partnership with Uber to introduce Uber Eats Financing, starting in Mexico. This innovative program empowers restaurants and food businesses on the Uber Eats platform with the capital they need to grow and thrive—powered by R2.

Through this partnership, pre-approved restaurants gain instant access to flexible financing options tailored to their business needs, directly on Uber Eats Manager. The partnership’s potential is promising: R2 will pre-approve $1 billion MXN in loan offers for qualifying businesses in the upcoming months, with capacity to increase as our ML-powered risk models evolve.

As an added benefit, eligible restaurants receive up to 5% of their loan amount as marketing credits on Uber Eats. This unique offer helps drive restaurants’ sales growth, accelerating a virtuous cycle that can qualify them for additional financing through R2.

Leveraging R2's infrastructure, the entire financing process is seamlessly integrated into the Uber Eats Manager platform. Restaurants on Uber Eats can explore multiple financing options and secure same-day funding with just a few clicks. We believe this sets the new gold standard in speed and convenience of business financing in Latin America.

Through R2, Uber Eats can now rapidly scale locally-compliant financial services across multiple markets with a single API integration. While this partnership launches first in Mexico, we are gearing to launch in additional Latin American markets, providing foundational financial services to more hard-working small business owners previously overlooked by traditional financial institutions. Stay tuned - we’re just getting started.