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Stori, A Top Mexico Fintech, Raises $200M In Financing

Nov 11, 2021•almost 4 years ago

Amount Raised

$200 Million

Description

Credit card-led fintech Stori announced today that it has closed one of the largest Series C equity financing rounds in Latin America to date, accompanied by a debt raise that will be used to fund Stori's rapidly growing credit card portfolio. The $125M over-subscribed Series C round was co-led by global VC GGV Capital and growth-stage investor GIC. They were joined with significant investments from prominent consumer tech-focused funds General Catalyst and Goodwater Capital. Mexico-based Tresalia Capital also participated, making its first fintech investment

Company Information

Company

Stori

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
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