Plata, a startup founded by former top managers of Tinkoff, has raised $500 mln

Mexican fintech company Plata, founded by former top managers of the Russian bank Tinkoff (now T-bank) has agreed to invest up to $500 million in the investment. This is stated in the report of the startup.

The funding round was organized by Japanese investment bank Nomura Securities International. This is the largest amount received for fintech companies from Mexico, Plata said. It is also the first time a leading Japanese investment bank has participated in a financing of this scale in the Mexican fintech sector, the press release said. This reflects "the growing international interest in Plata and Mexico's financial system," the startup said.

Nomura's backing of the new funding round brings the total institutional investment in Plata to more than $1.6 billion, the company said.

In October, Plata closed a $250 million equity financing round led by Kora Management. Moore Capital Management and Audeo Ventures also participated in the deal. The round doubled Plata's valuation to $3.1 billion. According to the company, the range of investors includes the U.S., Europe, Japan and Latin America.

Plata is now preparing to launch a full-fledged bank in Mexico, Reuters reports: the digital financial platform, which received banking authorization in December 2024, is in the final stages of launch.

Plata uses proprietary technology and artificial intelligence in products and serves 2.5 million active customers. The company was founded in 2023 by three former top managers of Tinkoff - Neri Tollardo, Alexander Bro and Danil Anisimov.

This article was AI-translated and verified by a human editor