Stori Card is a banking startup that provides Mexican consumers with financial services with the use of technology.
Stori promotes financial inclusion in Mexico by giving underserved customers access to credit.
Stori was founded in 2019 by Marlene Garayzar and Manuel Medina. The company is headquartered in Ciudad de México, Mexico, with an office in Arlington, Virginia.
Stori’s mission is to build a digital bank in Latin America and provide equal access to compelling financial products and services.
Stori has focused on providing access to credit cards first because of the strong value the product offers consumers, including the ability to make online and in-store purchases, manage short term or emergency cash needs, and build a credit history.
Stori’s first major product launched is a consumer-friendly credit card with digital features in Mexico. Stori works with strong partners such as MasterCard to develop better products for the entire population and drive financial inclusion.
Stori is backed by Lightspeed Venture Partners, Bertelsmann Investments (BI), Source Code Capital, Vision Plus Capital, BAI Capital and others. The company raised $32.5M in Series B round on Feb 25, 2021. This brings Stori's total funding to $49.5M to date.