Plata Card

Plata Card

Private
Mexico CityFinTechhttps://platacard.mx

Last Round

Series C

4/16/2026

Est. Valuation

$5B

Total Funding Raised

$1.7B

Company Overview

Plata Card is a financial software company that provides a credit card and other financial products to consumers in Mexico. The company offers a credit card with a cashback rewards program and installment payment options, accessible through a mobile application. Plata Card aims to serve the underbanked population in Mexico and has received a license to operate as a bank.

Sector

FinTech

Verticals

Lending & Credit, Digital Banking, Credit Scoring, BNPL, Personal Finance

Business Model

B2C

Customer Profile

Payment Processing Fee, Subscription SaaS

AI Layer

Non-AI

Keywords

credit cardfintechconsumer creditneobankdigital bankdigital lendingmobile bankingBuy Now, Pay LaterBNPLinstallment planscashback rewardsthin-file underwritingcredit builderpersonal financesubscription service

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Plata Card Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Plata Card Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series C4/16/2026
Debt12/15/2025
Series B10/16/2025
VC Round8/21/2025
Debt7/1/2025
Series A
3/12/2025

Plata Card Investors

Notable investors and investment history

InvestorRounds
Valor Capital GroupSeries C
ScotiabankDebt
Fasanara CapitalDebt
Bicycle CapitalSeries C
Kora ManagementSeries C, Series B, Series A
Pareto Securities ABDebt
Spice ExpeditionsSeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 16, 2026

    $405M round with a $5B post-money valuation.

  • Apr 14, 2026

    Company received its banking license and is launching as Banco Plata.

Plata Card Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Plata Card Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersMexico City
Employee Range0
Year Founded2022
Last Funding4/16/2026

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