Mexican digital bank Plata has raised $160 million in a Series A funding round. This funding will help Plata scale further as it joins the unicorn club with a valuation of $1.5 billion.
Amount Raised
$160 Million
Round Type
Series A
Mexico CityFinanceFintechLendingBankingInvestors
Description
Less than two years after launching, Plata has achieved significant milestones, including more than a million active credit card users and a banking license authorization. The round was led by Kora, with participation from Moore Strategic Ventures. The company was founded in Mexico City by seasoned banking executives and has focused on technological solutions for its services. CEO Neri Tollardo expressed confidence in their customer-facing app, which sets a benchmark for financial services in Latin America.
Quick answer
Plata raised $160 Million in a Series A round, dated March 13, 2025. Investors: Moore Strategic Ventures and Kora. Plata is based in Mexico City, Mexico City, Mexico.
- How much did Plata raise?
- Plata raised $160 Million in a Series A round on March 13, 2025.
- Who invested in Plata?
- Moore Strategic Ventures and Kora are named as investors in this round.
- What does Plata do?
- Plata is a high-tech Mexican financial platform authorized with a Banking license.
- Where is Plata based and how big is it?
- Plata is based in Mexico City, Mexico City, Mexico. Fundz records about 1,500 employees.
- Who are the decision-makers at Plata?
- Fundz holds 1 contact at Plata. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Fintech around the same time
Companies in the same sectors as Plata that raised within 45 days of this round, from Fundz verified event records.
- Ensysce Biosciences raised $2.2M (Seed) on April 23, 2025.
- Ensysce Biosciences raised $1.1M (Seed) on March 31, 2025.
- RockFi raised $19M (Series A) on March 24, 2025.
- Qist Bazaar raised $9.2M (Series A) on February 14, 2025.
- Mysa raised $2.8M (Seed) on February 12, 2025.
- Yavrio raised $2.4M (Seed) on January 29, 2025.
Who to call at Plata, and when
A new round usually means Plata is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Plata raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Plata, from your own LinkedIn network
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Funding Insights
What this usually meansPlata raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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