Stori
Empowers consumers with access to digital financial services in Latin America.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor investor | €0.0 Valuation: €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor | €0.0 Valuation: €0.0 | round | |
* | $107m | Debt | |
| Total Funding | 000k | ||
| USD | 2021 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Stori is a fintech company that operates in Mexico, offering financial products to the unbanked and underbanked population. The company's main offering is a credit card with a high approval rate, which makes it accessible to people with no credit history. This allows users to build a credit history and access the formal financial system.
In addition to the credit card, Stori also provides a high-yield savings account called Stori Cuenta+, which allows customers to earn returns on their deposits. The company's business model is based on the fees charged to merchants for card transactions (interchange fees) and the interest earned on credit card balances. Stori targets a large and underserved market in Mexico, where a significant portion of the population lacks access to traditional banking services.
Keywords: credit card, savings account, financial inclusion, fintech, Mexico, unbanked, underbanked, credit history, high-yield, financial services