What is Stori?
Stori operates as a transformative technology company based in Mexico, dedicated to simplifying the financial lives of its users. By offering a comprehensive suite of digital products, including accessible credit cards and savings accounts, the company bridges the gap between traditional banking and the needs of the modern consumer. Its market position is defined by a commitment to financial inclusion, utilizing proprietary data analytics to provide financial services to individuals who have historically been excluded from the formal banking system. As a unicorn, Stori represents the vanguard of the Mexican fintech ecosystem, setting new standards for operational efficiency and user-centric product design.
How much funding has Stori raised?
Stori has raised a total of $654.5M across 8 funding rounds:
Series A
$10M
Multiple Rounds
$232.5M
Other Financing Round
$150M
Debt
$50M
Debt
$107M
Private Equity
$105M
Series A (2020): $10M with participation from Vision Plus Capital, Source Code Capital, and Bertelsmann Investments
Series B (2021): $32.5M led by Source Code Capital Companies, Bai Capital, and Lightspeed Venture Partners
Series C (2021): $125M supported by GGV Capital, Tresalia Capital, Goodwater Capital, GIC, and General Catalyst
Debt (2021): $75M featuring Community Investment Management
Other Financing Round (2022): $150M backed by Lightspeed Venture Partners, Bai Capital, and Davidson Kempner
Debt (2023): $50M with participation from Community Investment Management Services
Private Equity (2024): $105M led by Lightspeed Venture Partners, Bank Administration Institute, General Catalyst, and Notable Capital
Debt (2024): $107M supported by Goldman Sachs and Davidson Kempner
Key Investors in Stori
Lightspeed Venture Partners
A global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as fintech and enterprise software.
General Catalyst
A venture capital firm focused on identifying and supporting transformational business opportunities by providing strategic capital and operational expertise.
Davidson Kempner
A global investment firm specializing in managing diverse investment strategies across public and private markets with a focus on complex financial landscapes.
What's next for Stori?
With the infusion of this latest capital, Stori is well-positioned to accelerate its product development roadmap and deepen its market penetration. The strategic focus will likely center on enhancing its digital infrastructure to support a growing user base while maintaining the rigorous risk management standards required for large-scale financial operations. As the company matures, it is expected to explore further diversification of its service offerings, potentially expanding into new financial verticals that complement its existing credit and savings portfolio. The continued support from top-tier global investors provides the necessary runway to navigate the competitive landscape and solidify its status as a cornerstone of the regional financial technology sector.
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