Stori raises $32.5m to bring credit cards to Mexico's middle class

Mexican fintech Stori has raised $32.5 million in a Series B funding round to bring credit cards to the country's middles class. Lightspeed Venture Partners led the round with participation from existing investors Vision Plus Capital, BAI Capital and Source Code Capital. Stori is building a digital banking platform but is currently focussed on credit card issuing, targeting Mexico’s mass-middle and emerging-middle income populations. Currently, less than 15% of Mexico’s adult population have...
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