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Opening-up to benefit global investors in next 5 years chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
BAI backs Mexican digital bank Stori and 16 more deal updates from Greater China ResearchPremium Mexican consumer fintech startup Stori has garnered $32.50 million in its Series B round funding led by U.S global investment firm Lightspeed Venture Partners, the investee announced on Friday. The latest round brings the total sum of financing raised by Stori to $50 million. Bertelsmann Asia Investments (BAI) Capital, Chinese Source Code Capital and Vision Plus Capital also re-upped in the current round. The three investors had, in February 2020, invested $10 million in Stori’s Series A+ round. The new vehicle will be used to support Stori’s business growth, the company said. ....
Stori raises $32M Series B round to become Mexico s leading credit card issuer for the rising middle class News provided by Share this article Share this article MEXICO CITY, Feb. 25, 2021 /PRNewswire/ Consumer fintech Stori announced today that it has raised $32.5 million Series B funding led by Silicon Valley-based Lightspeed Venture Partners with participation from existing investors Vision Plus Capital, BAI Capital and Source Code Capital. The new financing will support the company s rapid growth as it is quickly becoming a top credit card issuer in the country. This round brings the company s total funding to $50 million to date and brings together an investor set with deep global consumer fintech experience. ....
Stori raises $32M Series B round to become Mexico's leading credit card issuer for the rising middle class prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.