Mexican fintech startup Plata has raised an additional $500 million in funding. In October, the company announced that it had raised $250 million at a valuation of $3.1 billion.
The investment round was led by Nomura Securities International. Reuters writes that the names and exact number of investors participating in the round were not disclosed. The company’s current valuation was also not mentioned.
In December 2024, Plata received approval from Mexican regulators to obtain a full banking license. This license will allow the company to expand its product portfolio. Plata currently offers mainly credit cards.
In October 2025, the startup announced that it had raised $250 million in funding and was in the final stages of the audit process required for a banking license.
Plata was founded in April 2023 by former Tinkoff top managers Neri Tollardo, Alexander Bro and Danil Anisimov. In the winter of 2025, Oleg Tinkov, who was consulting on the project, called Plata "the fastest growing fintech startup in Mexico."
