- This transaction stands as the largest Private Credit financing ever raised by a Mexican fintech and marks the first time a Japanese global financial institution backs an operation of this scale in the country’s digital finance sector and adds to previously closed and currently outstanding debt transactions with Fasanara Capital, Lumina Capital and a bond issuance in the Nordic capital markets.
- With this facility, Plata surpasses US$1.6 billion in cumulative institutional funding since entering the Mexican market, reflecting sustained global confidence in its financial, technological, and regulatory model.
- The company keeps working to start operations as a regulated bank after securing its banking license and now exceeds 2.5 million active customers.
- Plata’s investor base now spans the United States, UK, Europe, Japan and Latin America reflecting the confidence of globally diverse institutional backers.
Plata, the Mexican financial technology company, has secured a new financing of up to US$500 million arranged by Nomura Securities International, Inc. It is the largest funding to date for a Mexican digital financial services company. The transaction also sets an important precedent: it marks the first time a Japanese top-tier investment bank participates in a financing of this scale within Mexico’s digital financial sector, reflecting the growing international interest in Plata and in Mexico’s financial system.
The announcement comes as Plata continues to work towards launching operations as a bank, after having received its banking license authorization in December 2024. The company embarked on this extremely rigorous process from the very beginning of the project in the summer of 2022.
This discipline has been key to attracting global capital. Funds from the United States, Europe, and Latin America —including Kora, TelevisaUnivision, Moore Strategic Ventures, Hedosophia, Fasanara Capital, and Baring Ventures— have supported the company. Many of these investors have contributed to the development of globally recognized digital banking models. This strength is reinforced by the participation of a global investment bank like Nomura.
With the backing of Nomura in this new facility, Plata surpasses US$1.6 billion in accumulated institutional financing. In October, the company closed a US$250 million equity round that doubled its valuation to US$3.1 billion.
Plata was founded with proprietary technology, strict controls, and an operating model that has continuously been recognized by investors and authorities in both Mexico and the United States. This approach has allowed the company to consolidate a platform capable of scaling without compromising operational rigor or transparency.
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