News Formal

Mexican fintech Stori enters Colombian market with $100 million investment

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

MEXICO CITY : Mexican fintech Stori plans to kick off operations in Colombia with a $100 million investment in the South American nation over the next three years, the firm announced on Thursday.

Stori co-founder GY Liu, co-founder Marlene Garayzar, Chief Executive Officer and co-founder Bin Chen, cofounder Sherman He and Chief Technology Officer and co-founder Nick Chen pose in Stori's Mexico City office, in this handout taken in Mexico City, Mexico, March 11, 2024. Stori/Handout via REUTERS/ File Photo

Stori plans to launch its"S Card" in Colombia in September, it said in a statement, with credit limits starting at 200,000 Colombian pesos . Colombia"has huge potential," Stori co-founder and Chief Governance Officer Marlene Garayzar said."We're ready to offer our solutions to those who have not been served by the traditional banking sector."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

“Should I fight for salary increment?” — Technician with 5 years of service at his company asks after he gets $100 raise while new hires get $200“... fight for the increment, or should I just wait out and see whether I will get the proper increment to my salary?” he asked
Source: IndependentSG - 🏆 2. / 72 Read more »