Stori

Stori is a rapidly expanding financial technology company with a clear goal of providing digital financial services to the underbanked population in Latin America. Operating in Mexico, the startup has garnered significant attention, evident from its substantial success in attracting over two million applicants for its credit card product since its launch. The company has positioned itself as a prominent player in the digital banking sector of Mexico and has gained an impressive amount of traction. Founded in 2019, Stori has managed to secure a remarkable US$250 million in funding, making it one of the top-funded startups in the region. The investments have been provided by influential global venture capital funds, including GGV Capital, GIC, Lightspeed Venture Partners, General Catalyst, Goodwater Capital, Tresalia Capital, Vision Plus Capital, BAI Capital, and Source Code Capital. The firm has also attracted substantial interest from notable investors such as Affirm, Airbnb, Alibaba, Stripe, and TikTok. One of the standout features of Stori is its experienced founding team, which has accumulated over 100 years of combined experience in consumer finance, banking, and technology across renowned organizations such as Mastercard, Intel, Capital One, Morgan Stanley, GE Capital, and HSBC in the U.S., Mexico, and Asia. Leveraging their extensive knowledge and expertise, the team has successfully launched and managed multi-million-customer credit card products globally, further solidifying their position as industry leaders. The recent $50.00M Series C investment on 15 July 2022 from GIC, BAI Capital, ZMT Capital, and Notable Capital signifies the continued trust and confidence that investors have in Stori's vision and potential to revolutionize the provision of financial services in Latin America. With its strong financial backing, exceptional leadership, and clear market demand, Stori is well-positioned to make a significant impact in the region's financial technology sector.