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Stori Becomes Mexico's Newest Unicorn, Raising $150 Million

Jul 15, 2022•about 3 years ago

Amount Raised

$150 Million

MexicoPaymentsFinancial ServicesSoftwareCommerce And Shopping

Description

Stori, a rapidly growing fintech company offering credit card products to Mexico's underserved population, today announced its latest round of financing of $150 million, which values the company at $1.2 billion. As a result of this latest round of financing, Stori now joins a select group of Mexico-based companies to achieve "unicorn" status.

Company Information

Company

Stori

Location

Mexico

About

Stori is building the top consumer fintech in Mexico and a leading digital financial service provider in Latin America, currently focused on expanding access to credit cards for mass-middle and emerging-middle income populations. Stori is fully-tech enabled and leverages global best practices in product design and underwriting to meet the needs of underserved customers in Latin America. With Stori, customers have access to not just a universal digital payment card, but also fair credit. For more information, visit https://www.storicard.com/en/aboutus. For more information on Stori's investors, visit https://www.storicard.com/en/pr. SOURCE Stori

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech