Stori serves the Mexican market by providing financial products aimed at the unbanked and underbanked. It offers a credit card with a high approval rate, designed for people with no prior credit history so they can start building a credit profile and access the formal financial system. It also offers a high-yield savings account called Stori Cuenta+, allowing customers to earn returns on their deposits. The business model comes from merchant interchange fees from card transactions and interest on outstanding credit card balances. Stori targets a large, underserved population and uses a digital-first approach to make these products accessible without traditional banking hurdles. Compared to competitors, Stori focuses on inclusivity and rapid credit access for newcomers to credit, paired with an attractive savings option, all within a Mexico-focused fintech framework. Its goal is to expand financial inclusion by helping more people enter and benefit from the formal financial system.
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$671.6M
Headquarters
Mexico City, Mexico
Founded
2017
See people who can refer or advise you