Mexican Fintech Stori Secures $212 Million from Goldman Sachs in Debt and Equity Round

Aug 6, 2024, 03:25 PM

Mexican fintech startup Stori has successfully closed a new funding round worth $212 million, which includes investment from Goldman Sachs. The startup, which has recently surpassed 3 million customers, plans to use the fresh capital to broaden its offerings across Latin America. The $212 million raised comprises both debt and equity. Stori aims to launch new financial products such as credit cards, deposits, and personal loans. The company has been on a mission to serve the underbanked population in the region and has become a notable player in democratizing credit access.