FinTech

Fintech Stori to invest $381 mln in Mexico

MEXICO CITY, July 1 (Reuters) – Mexican fintech unicorn
Stori is planning on investing 7 billion pesos ($381 million) in
Mexico, the firm’s growth director Marlene Garayzar said on
Monday.

“It is with great enthusiasm that I announce a substantial
investment of 7.0 billion pesos directly in Mexico to expand our
growth and strengthen our presence, particularly in underserved
municipalities,” Garayzar said at an event.

($1 = 18.3759 Mexican pesos)
(Reporting by Diego Ore; Editing by Brendan O’Boyle)


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