What is Stori's business focus and history?

Stori is a funded company based in Ciudad de México (Mexico), founded in 2018 by Bin Chen, Marlene Garayzar, Sherman He, Nick Chen, and GY Liu. It operates as a fintech company offering credit cards and deposit accounts to underserved populations in Latin America. Stori has raised significant funding, including a $150 million Series C-2 round in July 2022, achieving a valuation of $1.2 billion. The company has 766 employees and reported a revenue of $300 million in 2025. Its top competitors include companies like Affirm, Afterpay, and Upgrade.

Stori Corporate Details & Core Services

Stori is a Mexican fintech company founded in 2018, offering credit cards and deposit accounts to underserved populations in Latin America through a mobile-first platform.

Stori Contact Information & Official Links

Website https://stori.com.mx
Social  
Email id [email protected]
Phone number +55 7822 6646
Head office address Ciudad de México, Ciudad de México, Mexico
Tags fintech credit cards digital banking financial inclusion

What are Stori's Key Business Metrics & Stats?

No of employees 766
Founded year 2018
Type private
SAICS CODE 6141
NAICS Code 522210
Industry Financial Services
Location Ciudad de México, Ciudad de México, Mexico
Other website storicard.com
Pricing Strategy No annual fee credit cards, High-yield deposit accounts
Stori Firmographic Snapshot 2026 2018 Founded Year 766 Global Employees Mexico Headquarters FinancialServices Industry Private Type Verified by DexterAgent.ai

How much funding has Stori raised to date?

Name Description
Funding Amount USD 150 Million
Stage Series C-2
Latest Valuation 1.2 Billion (USD)
Lead Investor BAI Capital
Investors BAI Capital, GIC, GGV Capital, Lightspeed Venture Partners, General Catalyst, Vision Plus Capital, Goodwater Capital, Tresalia Capital, Davidson Kempner Capital Management LP

What are Stori's Core Products?

Name Description
Stori Credit Card A credit card with no annual fee, designed for individuals without a credit history, offering a 99% approval rate.
Stori Cuenta+ A deposit account offering a nominal annual yield of 15%, with daily interest payments and 24/7 access to funds.
Stori Black A premium credit card designed for customers with a solid credit history, offering enhanced benefits.
SHEIN x Stori Credit Card A co-branded credit card in partnership with SHEIN, offering exclusive benefits for online fashion purchases.
Movimex x Stori Credit Card A co-branded credit card in collaboration with the State of Mexico, providing benefits for public transportation users.

What are the latest developments at Stori?

Date Type Description
July, 2022 Funding Stori raised $150 million in Series C-2 funding, achieving a valuation of $1.2 billion.
May, 2025 Product Launch Stori launched the Movimex x Stori Credit Card in collaboration with the State of Mexico, offering benefits for public transportation users.

What industry awards and recognitions has Stori received?

Date Type Description
May, 2025 Recognition Stori received the 'Hecho en México' seal from the Secretaría de Economía.

Stori VS Affirm VS Afterpay VS Upgrade VS Petal VS Atlanticus Holdings Corporation : 2026 Comparison

Feature Stori Affirm Afterpay Upgrade Petal Atlanticus Holdings Corporation
Core Strengths Stori Credit Card, Stori Cuenta+, Stori Black, SHEIN x Stori Credit Card, Movimex x Stori Credit Card Affirm Card, Buy Now, Pay Later, Savings Account Afterpay Personal Loans, Upgrade Cards, OneCard, Premier Savings, Rewards Checking Preferred, Auto Refinance, Flex Pay Petal 1, Petal 2, Petal 1 Rise Aspire Mastercard, Imagine Visa, Fortiva Mastercard, Mercury Financial, Fortiva Retail Credit, Curae, CAR
Founded Year 2018 2012 2014 2016 2016 1996
Stock Name/Ticker AFRM (NASDAQ) APT (ASX) ATLC (NASDAQ)
Type private public public private private public
Global Employees 766 2500 355 1950 524
Revenue (Annual) $300 Million(2025) $3.2 Billion(2025) $1 Billion(2023)     $495.3 Million(2025)
Headquarters Ciudad de México, Ciudad de México, Mexico San Francisco, California, United States Melbourne, Victoria, Australia San Francisco, California, United States New York, New York, United States Atlanta, Georgia, United States
Latest Valuation $1.2 Billion $16.8 Billion $29 Billion $7.3 Billion    
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Affirm 3.2 | 2500 Afterpay 1 | 355 Atlanticus Holdings Corporation 495.3 | 524 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Stori México, S.A. de C.V., Sociedad Financiera Popular
Cin number
GST number
Registration number

Who is in Stori's executive leadership team?

Name Designation
CEO Bin Chen
Chief Governance Officer Marlene Garayzar

Where are Stori's primary office locations?

City Country
Ciudad de México Mexico
Arlington United States

What are the current business signals and market intelligence for Stori?

Spending next 3 months Product development, Market expansion, Customer acquisition
Pain points Limited access to credit, Complex application processes, High fees
Sales motion Direct-to-consumer via mobile app
Buyer Persona Young adults, Emerging middle class, Individuals new to credit
Type of customer Underbanked consumers, Individuals without credit history
Key customer domain Mexico
Annual ACV $500

What is Stori's annual revenue history?

Year Revenue (USD)
2025 300 Million

What are Stori's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings 4.2
Glassdoor Rating 4.2

What are Stori's business model and service classifications?

Saas No
Offline Stores No
Service Yes
Ecommerce No
Exporter No
Mobile App Yes
Retail No
B2B No
B2C Yes
Manufacturing No
Wholesale No
Importer No
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