Tagged: credit card issuer

Mexico-Based Credit Card Issuer Stori Raises $32 Million Through Series B Funding Round led By Lightspeed Venture Partners

  Mexico-based consumer fintech Stori announced on Thursday it raised $32.5 million through its Series B funding round, which was led by Lightspeed Venture Partners with participation from Vision Plus Capital, BAI Capital, and Source Code Capital. The investment round brings its total funding to… Read More

Ally Financial Set to Acquire CardWorks For $2.65 Billion

Ally Financial Inc. (NYSE: ALLY) announced on Wednesday it has entered into a definitive agreement to acquire CardWorks, a U.S. credit card issuer focused on the non-prime segment with a complementary full-spectrum unsecured servicing operation that includes third-party servicing and recovery capabilities, in a transaction… Read More

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