Stori
Stori is a Mexico City-based fintech. It offers mobile-first credit cards and deposit accounts to underserved Mexicans with limited or no credit history. It earns money from interest on revolving balances, interchange and account fees. It reached a $1.2B valuation (unicorn) with its $150M Series C-2 in 2022, after a $200M Series C (equity plus debt) in 2021. It raised a further $212M in equity and debt in 2024. Tracxn lists about $332M in total funding, while other trackers list higher totals, and Stori is reported to be targeting an IPO by 2027. The company is not Indian and is not an AI company; it is a Mexican consumer-credit fintech.
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