Mexican fintech startup Stori reaches unicorn status with $50M equity raise

While credit cards are ubiquitous in the U.S., they are far less so across Latin America, where people — especially lower-income members of the population — have historically relied on cash for payments.
But the market in LatAm has shifted in recent years, and with increased digital adoption, more people are opening their minds to using credit cards for payments. The problem is, those with little to no credit have trouble getting them.
Enter Stori. The startup, which offers credit cards to underserved populations in Mexico, told TechCrunch it has raised an additional $50 million in

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