Plata
PrivateLast Round
Series C
4/16/2026
Est. Valuation
$5B
Total Funding Raised
$405.1M
Company Overview
Plata is a US-based financial technology company that provides an all-in-one banking platform for the unbanked Latino community. The company partners with employers of blue-collar businesses to simplify the payroll process and provide their Latino employees with access to an FDIC-insured US bank account. The platform is designed to mirror, simplify, and reduce the cost of existing financial behaviors for its users, offering services like virtual and physical debit cards and peer-to-peer money transfers. Founded in 2022, Plata's mission is to foster economic empowerment and financial inclusion for underserved communities.
Sector
FinTech
Verticals
Digital Banking, HR, Digital Payments, Personal Finance
Business Model
B2B2C
Customer Profile
Subscription SaaS, Payment Processing Fee
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Plata Comps
Public and private peers based on sector, stage, and business model.
Plata Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | 4/16/2026 | ||||
| Accelerator | 6/11/2025 | ||||
| Accelerator | 3/11/2024 |
Plata Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Valor Capital Group | Series C |
| Washington University Investment Management Company | Series C |
| Techstars | Accelerator |
| Bicycle Capital | Series C |
| Kora Management | Series C |
| Spice Expeditions | Series C |
| Plug & Play Ventures | Accelerator |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 16, 2026
$405M round led by Bicycle Capital.
Plata Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
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