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Stori raises $32M Series B round to become Mexico's leading credit card issuer for the rising middle class

Feb 25, 2021•over 4 years ago

Amount Raised

$32 Million

Round Type

series b

Description

Consumer fintech Stori announced today that it has raised $32.5 million Series B funding led by Silicon Valley-based Lightspeed Venture Partners with participation from existing investors Vision Plus Capital, BAI Capital and Source Code Capital. The new financing will support the company's rapid growth as it is quickly becoming a top credit card issuer in the country. This round brings the company's total funding to $50 million to date and brings together an investor set with deep global consumer fintech experience.

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

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