Mexico fintech Stori, which provides payments and basic banking services to the underbanked, has secured $212 million in funding, comprised of $105 million in equity and $107 million in debt, led by Goldman Sachs and BAI Capital. The company plans to use the funds to expand its product offerings, improve technology, and support lending. It plans to invest 7 billion pesos, just in Mexico, over the next two years to enhance financial inclusion. Stori currently has over 3 million active users.
Mexico Fintech Stori Raises $212 Million in Equity, Debt