About Stori
Stori is a company based in Miguel Hidalgo (Mexico) founded in 2018 by Marlene Garayzar and Bin Chen. It operates as a FinTech and Commission-Based. Stori has raised $332.5 million across 10 funding rounds from investors including Goldman Sachs, Lightspeed Venture Partners and Community Investment Management. Stori offers products and services including Stori Green, Stori Black, Stori Cuenta+, and Stori Préstamos. Stori operates in a competitive market with competitors including Affirm, Afterpay, Upgrade, Petal and Atlanticus Holdings, among others.
- Headquarter Miguel Hidalgo, Mexico
- Founders Marlene Garayzar, Bin Chen
- Stage Unicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Stori México, S.A. De C.V., Sociedad Financiera Popular
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$332.5 M (USD)
in 10 rounds
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Latest Funding Round
$105 M (USD), Private Equity Round
Aug 06, 2024
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Investors
Goldman Sachs
& 16 more
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Employee Count
Not available
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Products & Services of Stori
Stori offers a comprehensive portfolio of products and services, including Stori Green, Stori Black, Stori Cuenta+, and Stori Préstamos.
Credit card offered with high approval rate guaranteed.
Premium credit card with cashback on purchases.
Deposit account with interest earnings up to 8.2%.
Personal loans provided for various financial needs.
People of Stori
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Funding Insights of Stori
Stori has successfully raised a total of $332.5M across 10 strategic funding rounds. The most recent funding activity was a Private Equity Round of $105 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Stori
Stori has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Lightspeed Venture Partners and Community Investment Management.
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Investment banking services are delivered across multiple financial sectors.
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Early-to-growth-stage companies are funded by the venture capital firm.
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Sovereign wealth is managed and private equity investments are facilitated.
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Investor details for Stori
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Investments & Acquisitions by Stori
Investment portfolio details for Stori
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Financial Statements - Stori
Detailed financials for Stori
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Stori Comparisons
Peer comparison for Stori
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- Headcount comparison
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- Operating benchmarks
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Competitors of Stori
Stori operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Affirm, Afterpay, Upgrade, Petal and Atlanticus Holdings, among others.
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Point-of-sale financing is facilitated via an online installment payment platform.
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A buy now pay later service is offered by Afterpay.
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Consumer credit and banking products are offered to individuals.
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Credit cards are issued to consumers via alternative credit evaluation.
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Credit cards are provided for consumers, businesses, and healthcare financing.
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Detailed competitors of Stori
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Latest news on Stori
Complete news archive for Stori
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Frequently Asked Questions about Stori
Stori was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Stori is headquartered in Miguel Hidalgo, Mexico. It is registered at Miguel Hidalgo, Ciudad De Mexico, Mexico.
Bin Chen is the current CEO of Stori. They have also founded this company.
Stori is a funded company, having raised a total of $332.5M across 10 funding rounds to date.
Stori is operated as a Mexican financial entity offering credit cards, deposit accounts, and personal loans. Services are provided in the consumer banking sector with a focus on accessibility and digital solutions. Products like Stori Green and Stori Black are designed for high approval rates and cashback benefits. Deposit accounts such as Stori Cuenta are structured to yield interest up to 8.2. The company is supervised by the National Banking and Securities Commission, ensuring compliance with financial regulations.
Stori offers Stori Green, Stori Black, Stori Cuenta+, and Stori Préstamos.
Stori has 17 investors. Key investors include Goldman Sachs, Lightspeed Venture Partners, Community Investment Management, Davidson Kempner Capital Management, and Notable Capital.
The valuation of Stori is $1.2B as of Jul 2022.