Stori, a Mexican credit card startup, raised $32.5m in Series B funding.
The round was led by Lightspeed Venture Partners with participation from Vision Plus Capital, BAI Capital and Source Code Capital.
The company intends to use the funds to continue to expand its business reach and business reach.
Co-founded by Juan Villaseñor, Marlene Garayzar, Bin Chen and Camila Burne, Stori Stori aims to empower consumers with access to digital financial services in Latin America and is currently focused on expanding access to credit cards for Mexico’s mass-middle and emerging-middle income populations.
This round brings the company’s total funding to $50m to date.