Mexican Fintech Stori, Jiyuan Capital and $ 200 Million Funding Led by GIC
On November 12, Mexican fintech firm Stori announced 2 of them, including $ 125 million in Series C financing led by GGV Capital and GIC, General Catalyst, Goodwater Capital, Tresalia Capital and existing companies Fang Lightspeed Venture Partners, Vision More. Reach billions of dollars in investment. Capital, BAI Capital and Source Code Capital are involved in the investment and contribute $ 75 million in debt through Community Investment Management. After the Series B funding was completed in February 2021, Story became the leading debit card issuer in Mexico, with more than 2 million Hispanics applying for Story's credit card. The new funds will be used to develop larger businesses and products and further support financial inclusion. (press wire)
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