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Mexico digital bank Stori raised a $10m Series A round extension

Mexico City based consumer digital bank raised a $10m Series A extension co-led by Bertelsmann Investments and Source Code Capital.

Reflecting on Stori's promising signs of success, CEO Bin recounts that "Almost two decades ago, one credit card saved me from financial difficulty and helped launch my career. Now we are making it our mission to give the same opportunities to tens of millions of hard-working and responsible Mexicans. In last two years, we have developed a strong big data and AI based platform, and built a fantastic Mexico team supported by global talent and resources. The stage is set to turbocharge our growth in platform, people, brand and customer base, making a big impact on financial inclusion."

Tags

mexico, latin america, digital banking