Stori logo — Stori empowers consumers with access to digital financial se...

Stori

Stori empowers consumers with access to digital financial services in Latin America

Founded 2019 Mexico Mexico 729 employees Debt Financing Total: $185.00M Financial Services, Fintech +2

General Information

Company Name Stori
Founded Year 2019
Location Mexico Mexico +2
Employees 729
Industries Financial Services, Fintech, IT +1
Funding Stage Debt Financing
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About 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.

Taxonomy: Digital Banking, Credit Cards, Financial Inclusion, Consumer Finance, Technology, Underbanked Consumers, Venture-backed, Global Operations, Startup Funding, Digital Financial Services, Latin America Market, Consumer Credit, Investment Backing

Services & Products

providing financial solutions including credit cards
savings accounts
and personal loans through an online platform

Target Customers

individuals seeking convenient and accessible financial products and services particularly those interested in credit cards savings and personal finance management

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 4
Investor Investor Investor
•••• ••••
15 Jul 2022
Series C •••••• 9
Investor Investor Investor Investor Investor Investor Investor
•••• ••••
11 Nov 2021
Series A •••••• 4
Investor Investor Investor Investor
04 Oct 2019

Stori Alternatives & Competitors

Stori vs
Aven
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Stori vs
CAPITAL Services
CAPITAL Services United States

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Stori vs
Rightfoot
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Also compare with: Stori vs Oriente Oriente

FAQ About Stori

Stori empowers consumers with access to digital financial services in Latin America
Stori was founded in 2019.
Stori is headquartered in Mexico.
Stori operates in the following industries: Financial Services, Fintech, IT, Information Technology.
Stori has approximately 729 employees.
Stori has completed 3 funding rounds, raising a total of $185.00M. The latest funding stage is Debt Financing.
Stori offers: providing financial solutions including credit cards, savings accounts, and personal loans through an online platform.
Top alternatives and competitors to Stori include Aven, CAPITAL Services, Rightfoot, Oriente, Atome. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Stori and Aven are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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