Tech Company Financing Transactions
Stori Funding Round
Stori closed a $50 million investment round on 7/15/2022. Investors included GGV Capital, GIC and General Catalyst Partners.
Transaction Overview
Company Name
Announced On
7/15/2022
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
GGV Capital (Lead Investor) (Hans Tung)
GIC (Lead Investor)
Proceeds Purpose
The company plans to use its latest cash infusion to do more hiring, as well as to expand its product offering as well as geographically across Spanish-speaking Latin America.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Ciudad de México, 11580
Mexico
Ciudad de México, 11580
Mexico
Phone
Website
Email Address
Not Recorded
Overview
Story is building the top consumer fintech in Latin America. With a mission to expand access to credit cards for underserved populations, Stori leverages a mobile-first model and global best practices in product design and underwriting to serve its customers' needs. With Stori, customers have access to not just a universally accepted digital payment card, but also fair credit.
Management Team
Browse more venture capital transactions:
Prev: 7/15/2022: Hang venture capital transaction
Next: 7/15/2022: OneCard venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs