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Goldman Among Investors in $212 Million Round to Mexico Fintech.
- Source :
- Bloomberg.com; 8/6/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Mexico fintech startup Stori has raised $212 million in a funding round that includes Goldman Sachs. The funding will be used to expand the company's investments and operations in other markets. Stori provides payment cards and high-interest deposit accounts to the underbanked population in Mexico, and plans to use the funds to improve its technology and expand its product suite. The company aims to increase financial inclusion in Mexico and plans to invest $360 million in the country over the next two years. Stori also intends to expand into other parts of Latin America. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 178858566