Mexico Fintech Stori Raises $212 Million in Equity, Debt
- Stori plans to invest $360 million in Mexico in next few years
- Fintech eyeing new markets for expansion in Latin America
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Mexico fintech startup Stori closed a new funding round worth $212 million, in a mix of equity and debt financing that includes Goldman Sachs Group Inc., to boost investments and expansion to other markets.
Of the total, $105 million was in equity led by Notable Capital, BAI Capital and existing investors, and $107 million was in debt led by Goldman Sachs and Davidson Kempner Capital Management LP, co-founder and chief governance officer Marlene Garayzar said in an interview.