MEXICO CITY, Aug 12 (Reuters) - Uber ( UBER ) will invest in Galgo, a

Latin American lender focused on motorcycle purchases, as the

ride-hailing giant looks to expand access to vehicles for

drivers and couriers, the companies said on Wednesday.

* Santiago-based Galgo said the investment is part of a

partnership that will start in Mexico before expanding to Chile

and Colombia in the first quarter of 2027.

* It did not disclose financial terms.

* The plan is to offer financing products tailored to Uber ( UBER )

drivers and delivery workers, Galgo said.

* Galgo said the investment will fund expansion into a

fourth Latin American country in early 2027.

* It will also contribute to spending on technology, data

and artificial intelligence.

* Galgo provides motorcycle sales and financing to

mass-market customers, including borrowers with limited access

to traditional bank credit.

* The deal underscores Uber's ( UBER ) broader interest in vehicle

financing and the importance of motorcycles in Latin America,

where they are widely used for low-cost transport and delivery

work.

* Co-founder and co-Chief Executive Sebastian Parot said the

company aims to grow annualized revenue to $500 million by 2030

from about $100 million now.

* Founded in 2018, the company has so far raised $100

million in capital.

* Chairman Diego Fleischmann said Galgo is growing about 50%

a year and reached net income break-even in the latest quarter.

(Reporting by Kylie Madry; Editing by Fabiola Arámburo)