Fundz

Stori raises $32M Series B round to become Mexico's leading credit card issuer for the rising middle class

PRIVATEFeb 25, 2021

Amount Raised

$32 Million

Round Type

Series B

Financial ServicesSoftwareCommerce And ShoppingPaymentsSoftware Development

Description

Consumer fintech Stori announced today that it has raised $32.5 million Series B funding led by Silicon Valley-based Lightspeed Venture Partners with participation from existing investors Vision Plus Capital, BAI Capital and Source Code Capital. The new financing will support the company's rapid growth as it is quickly becoming a top credit card issuer in the country. This round brings the company's total funding to $50 million to date and brings together an investor set with deep global consumer fintech experience.

Quick answer

Stori raised $32 Million in a Series B round, dated February 25, 2021.

How much did Stori raise?
Stori raised $32 Million in a Series B round on February 25, 2021.
What does Stori do?
Unlock the potential of AI to elevate your online presence and captivate your audience with visually stunning and emotionally engaging content.
Who are the decision-makers at Stori?
Fundz holds 1 contact at Stori. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Commerce And Shopping around the same time

Companies in the same sectors as Stori that raised within 45 days of this round, from Fundz verified event records.

  • Nucleus Security raised $3.5M on March 12, 2021.
  • Finix raised $100M (Funding Round) on February 24, 2021.
  • PPRO raised $180M (Funding Round) on January 19, 2021.
  • PolySign, Inc. raised $7.7M on January 12, 2021.
  • Chainalysis raised $100M on April 6, 2021.
  • Chainalysis raised $100M on April 6, 2021.

Who to call at Stori, and when

A new round usually means Stori is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Stori raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Stori, from your own LinkedIn network

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Company Information

Company

Stori

About

Unlock the potential of AI to elevate your online presence and captivate your audience with visually stunning and emotionally engaging content.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Stori raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Stori raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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