Stori raises $50 million debt capital as it reaches 2 million customers in Mexico
Summary
"And this significant new credit line from our partner, CIM, gives us more dry powder to deliver on our mission to democratize access to financial products and services for the underbanked population in Latin America. "We are very proud of our partnership with Stori, one of the most innovative and fast-growing companies in the fintech sector in Mexico," said Jacob Haar, Managing Partner of CIM. "Stori is transforming financial services for underserved consumers in the country, and we are delighted to continue supporting their growth and success. "Stori is the Mexican fintech unicorn that is building a digital platform to achieve financial inclusion in Latin America. CIM is dedicated to supporting organizations that drive positive change and foster financial inclusion, economic growth, and social impact.
Funding
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