Announced
Financials
Sources
Tags
Friendly
Acquisition
Completed
Cross Border
Venture Capital
FinTech
financial technology
Mexico
Private
Single Bidder
Minority
Private Equity
fintech
Synopsis
BAI Capital, GIC and GGV Capital led a $150m funding round in Stori, a credit card provider, with participation from Lightspeed Venture Partners, General Catalyst, Vision Plus Capital, Goodwater Capital, Tresalia Capital and Davidson Kempner Capital Management. "The Stori team is a rare combination of industry background, hustle and change-the-world attitude. The market demand for inclusive financial products tuned for local markets is clear, and the results are not surprising. We continue to be excited about partnering with the Stori team as they grow across Latin America," Hans Tung, GGV Capital Managing Partner.
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