Plata Shoots for $3.3B Valuation
Hey FinTech Fanatic!
Mexico’s Plata is raising fresh funding at a jaw-dropping $3.3B valuation. This is more than double its $1.5B one from its Series A in March. Demand? Already twice the available supply.
The startup has pulled in nearly $1B so far in combined equity and debt financing. Its flagship credit cards now count 1M+ active users.
Next stop: Plans for LatAm scale-up with Colombia as its springboard. With its thin-file credit scoring and cloud-native banking stack, Plata wants the Nubank playbook: Mexico edition.
Full story on Plata’s 2026 mega-round plans below. Don’t miss more big FinTech updates ahead 👇
See you Monday!
Cheers,
#FINTECHREPORT
📊 Navigating Digital Payments Report.
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DIGITAL BANKING NEWS
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BLOCKCHAIN/CRYPTO NEWS
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PARTNERSHIPS
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DONEDEAL FUNDING NEWS
🇲🇽 Plata aims for $3.3B valuation as Mexico’s “Nubank for credit” scales across LatAm. The company is offering just under 1.5% of its equity in this round, with demand already twice the available supply. Continue reading
M&A
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MOVERS AND SHAKERS
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