Stori - About the company
Stori is a series C company based in Miguel Hidalgo (Mexico), founded in 2018 by Bin Chen. It operates as a Provider of credit cards and deposit accounts without credit history. Stori has raised $332M in funding from investors like Source Code Capital, Notable Capital and Lightspeed Venture Partners, with a current valuation of $1.2B. The company has 6 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Yendo, Petal and Rupicard.
Sectors and market segments that Stori operate in
Stori serves in the FinTech market segments.The primary business model of Stori is:Company Details
Provider of credit cards and deposit accounts without credit history. It offers various credit card options with benefits like cashback rewards. The company also provides deposit accounts with interest-earning potential and loan services. These financial products aim to help individuals manage their finances.
- Website
- www.storicard.com/
- Social
- Email ID
- *****@storicard.com
- Phone Number
- +52 **********
Key Metrics
Founded Year
2018
Location
Miguel Hidalgo, Mexico
Stage
Series C
Total Funding
$332M in 10 rounds
Latest Funding Round
Post Money Valuation
$1.2B as on Jul 15, 2022
Investors
Ranked
1st among 6 active competitors
Employee Count
815 as on Sep 30, 2026
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Stori's funding and investors
Stori has raised a total funding of $332M over 10 rounds. Its first funding round was on Feb 04, 2020. Its latest funding round was a Conventional Debt round on Aug 06, 2024 for $107M. 2 investors participated in its latest round. Stori has 20 institutional investors.
Here is the list of recent funding rounds of Stori:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 06, 2024 | $107M | Conventional Debt | - | - | - | |
Aug 06, 2024 | $105M | PE | - | - | ||
May 31, 2023 | $50M | Venture Debt | - | - | - |
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Stori's founders and board of directors
Founder? Claim ProfileHere are the details of Stori's key team members:
- Bin Chen: Co-Founder & CEO of Stori. Contact Info: 1 email address
View details of Stori's Founder profiles and Board Members
Stori's employee count trend
Stori has 815 employees as of Sep 26. Here is Stori's employee count trend over the years:
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Stori's Competitors and alternates
Top competitors of Stori include Yendo, Petal and Rupicard. Here is the list of Top 10 competitors of Stori, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of credit cards and deposit accounts without credit history | $332M | 76/100 | ||
2nd |  Yendo 2021, Dallas (United States), Series B | Financial securities-backed credit card | $101M | 71/100 | |
3rd | Petal 2016, West Sacramento (United States), Acquired | Provider of credit cards designed to help users build credit | $298M | 66/100 | |
4th | Provider of credit cards secured by fixed deposits with credit bureau reporting | $2.31M | 59/100 | ||
5th |  Karta 2022, Miami (United States), Series A | Provider of premium charge cards featuring integrated personal concierge services | $15M | 40/100 | |
6th |  Rasa Unfunded | Provider of deposit backed payment services for personal financial management | - | - | 16/100 |
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Stori's Investments and acquisitions
Stori has made no investments or acquisitions yet.
Reports related to Stori
Here is the latest report on Stori's sector:
News related to Stori
Filter this listMedia has covered Stori for 1 event in last 1 year, It was about company updates.
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Mexico's Farmacias Similares launches Dr. Simi credit card with fintech StoriReuters•Jul 13, 2026•Stori
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Shein launches credit card as sales growth slows ahead of IPORetail Gazette•Oct 23, 2024•Shein, Stori
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Mexican fintech Stori enters Colombian market with $100 million investmentCryptonews•Aug 30, 2024•Stori
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Mexican fintech start-up gets US$212 million in fundingLatin Lawyer•Aug 30, 2024•Goldman Sachs, Stori, Mayer Brown
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Mexican fintech Stori raises $212M in a round led by Notable Capital and BAIEl Referente•Aug 16, 2024•Stori, Notable Capital, Redpoint China Ventures, BAI Capital and 6 others
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Mayer Brown advises Goldman Sachs Bank on debt financing to StoriLegal Desire•Aug 11, 2024•Mayer Brown, Goldman Sachs, Stori
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SigTuple raises $4 Mn in extended Series C led by SIDBI VentureEntrackr•Aug 07, 2024•SigTuple, Endiya Partners, SIDBI Venture Capital, Stori and 12 others
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FAQs about Stori
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