Stori: Mexico-Based Consumer Finance Platform Raises $212 Million
Published on: Tuesday 06 August 2024
Stori, a pioneering Mexican startup focused on transforming consumer finance with a suite of groundbreaking products and services, announced a new round of equity and debt financing totaling $212 million. This includes $105 million in equity led by Notable Capital and BAI with participation from new and existing investors ACE Redpoint Ventures, GIC, General Catalyst, Goodwater, Lightspeed Ventures, and Tresalia, and $107 million in new debt financing provided by Goldman Sachs and Davidson Kempner Capital Management LP. This investment represents a major set up in valuation over the previously announced unicorn round.