Plata

Plata is a Mexican digital bank that offers financial products and services through its digital platform, without physical branches, prioritizing accessibility and efficiency for its users. It has developed its own banking infrastructure, including its core banking system, and uses AI to simplify the financial experience. Plata achieved a valuation of USD 1.5B after launching in April 2023 and surpassing one million active credit card users.

Funding Round: Series A

Funding Amount: $160M

Date: 11-Mar-2025

Investors: Kora, Moore Strategic Ventures, U.S. and European investors

Markets: Fintech, Financial Services, Credit Cards, Mobile Apps

HQ: Mexico City, Mexico

Founded: 2022

Website: https://platacard.mx

LinkedIn: https://www.linkedin.com/company/platacard

Twitter: https://twitter.com/plata_card

Instagram:

Facebook: https://www.facebook.com/platacard