Plata
About Plata
Plata is a Banking startup based in Mexico City, Mexico that has raised $815M in venture capital across 3 funding rounds since 2023. The company reached Series C stage in March 2025 with a $160M round led by Kora at a $1.5B valuation. Plata's investor base includes 10 institutional funds, with Kora leading the most recent equity round.
Plata (Banco Plata) is a Mexico City-based digital bank founded in 2023 by former Tinkoff executives, offering credit cards and full banking services to Mexico's underbanked. It reached a $5 billion valuation in 2026 after raising $815 million across three equity rounds.
Plata Funding Rounds Timeline
3 rounds · $815M raised · since 2023
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series A | March 2025 | $160M | $1.5B | Kora | Moore Strategic Ventures, Audeo Ventures, Spice Expeditions, Hedosophia |
| Series B | October 2025 | $250M | $3.1B | Kora | Moore Strategic Ventures, TelevisaUnivision, Audeo Ventures, Spice Expeditions, Hedosophia |
| Series C | April 2026 | $405M | $5B | Bicycle Capital | Qatar Investment Authority, BTG Pactual, Valor Capital Group, Kora, Hedosophia, Spice Expeditions, Audeo Ventures |
Investors in Plata
10 institutional investors across 3 rounds
Lead investors
Co-investors
Recent news about Plata
Questions about Plata
How much has Plata raised?
Plata has raised $815M across 3 funding rounds since 2023.
Who are the investors of Plata?
Plata's investors include Kora, Bicycle Capital, Moore Strategic Ventures, Audeo Ventures, Spice Expeditions, Hedosophia, TelevisaUnivision, Qatar Investment Authority, BTG Pactual, Valor Capital Group.
When was Plata's last funding round?
Plata's most recent round was a $160M Series A in March 2025, led by Kora.
What is Plata's valuation?
Plata reached a $5B valuation (unicorn status) with its Series A round in March 2025.
Where is Plata headquartered?
Plata is headquartered in Mexico City, Mexico, and was founded in 2023 by Neri Tollardo, Alexander Bro, Danil Anisimov.