Stori, a consumer fintech
company founded in Mexico in 2018, has hit a $1.2 billion valuation after
raising $150 million in its latest Series C-2 financing round.With the raise, Stori joins
the likes of car-dealer marketplace Kavak, cryptocurrency trading platform
Bitso, payment terminal Clip, digital banker Konfio, e-commerce platform
Merama, and spend management platform Clara, in Mexico’s unicorn club.Stori announced its unicorn
status on Friday in a press statement seen by Finance Magnates.The startup’s new $150 million raise comes less than a year after it raised $200 million
from a Series C funding round.