Reported 2 months ago
Mexican fintech company Stori has announced a new funding round of $212 million, comprising $105 million in equity and $107 million in debt, making it the largest recent funding for a Mexican startup. This capital will be used to expand its existing financial products, including credit cards and high-yield savings accounts, and to introduce new investment services aimed at the millions of unbanked individuals in Mexico, where only about half of the population utilizes financial products.
Source: YAHOO