Plata

Raised $405M in a Series C round, announced 17 April 2026.

Round

Plata raised $405m in a Series C funding round.

Amount: $405M
Stage: Series C
Announced: 17 April 2026
Lead: Bicycle Capital
Other investors: Qatar Investment Authority (QIA), BTG Pactual, Valor Capital Group, Kora, Hedosophia, Spice Expeditions, Audeo Ventures
Use of funds: Expanding deposit and transactional banking offerings, technology platform, and regional operations.
Total raised: $2B to date
Valuation: $5B
Checked: Amount and date matched across 2 press sources

Operates a digital bank providing credit cards and banking services to Latin American consumers.

Sources: Plata raises $405m in Series C funding round - IBS Intelligence news.google.com
Plata hits $5bn valuation with $405m Series C raise - FinTech Global news.google.com
Website: bancoplata.mx ↗

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