Plata Secures Historic $500 Million Financing by Nomura for Mexican Fintech Growth

Plata's Groundbreaking Financing: A New Era for Mexican Fintech

In December 2025, Plata, a Mexican fintech company, secured an extraordinary financing deal of up to $500 million arranged by Nomura Securities International, Inc. This significant funding not only marks the largest ever raised for a fintech platform in Mexico but also sets a precedent as the first involvement of a Japanese global financial institution at such a scale in the country's digital finance sector.

With this new financing arrangement, Plata has surpassed a whopping $1.6 billion in cumulative institutional funding since it entered the Mexican market. This impressive figure is a testament to the confidence that global investors have in Plata's financial, technological, and regulatory frameworks. It is engaged in numerous financing agreements and previous transactions with various investors including Fasanara Capital and Lumina Capital, as well as bond issuances in European markets.

The company is on a rapid growth trajectory, having secured a banking license back in December 2024, while maintaining its goal of operating as a regulated bank. Plata has been actively working toward the launch of its banking operations ever since it embarked on this rigorous process in 2022. The firm has managed to amass a substantial user base, boasting over 2.5 million active customers, further emphasizing its strong market position.

Plata's investor portfolio now includes major global players from the United States, the UK, Europe, Japan, and Latin America. This showcases the confidence that globally diversified institutional investors have in Plata as it builds out its innovative financial solutions.

In reflecting on this pivotal deal, Neri Tollardo, co-founder and CEO of Plata, stated, “Nomura’s support is more than just a financial transaction; it signifies confidence in Mexico and in the real potential of creating modern, technology-driven institutions from our region.” He added that this funding moves Plata closer to its banking launch while highlighting the viability of its model in the international landscape.

Since entering the Mexican market, Plata has made substantial investments exceeding $1 billion, contributing significantly to local job creation by establishing a workforce of over 3,000 employees, including specialists in engineering and technology. This strategic hiring has allowed it to scale operations effectively while maintaining its focus on security and transparency for its customers.

Neri Tollardo, originally from Italy and recently naturalized as a Mexican citizen, brings a wealth of experience in investment banking and digital finance. His career began at Morgan Stanley and later included a critical supervisory role at Tinkoff Bank in Russia. But after relocating to Mexico in 2022, he launched Plata, aiming to utilize his expertise to reshape the financial services landscape in Mexico with proprietary technology and efficient models.

Investors such as Kora, TelevisaUnivision, and Moore Strategic Ventures have also provided funds to Plata. Many of these strategic investors have a history of developing recognized digital banking frameworks. These collaborations have fortified Plata's position as a leader in the fintech space as it strives to offer improved financial products and services to the Mexican populace.

In just a short span of operations, Plata has risen to become one of Latin America’s fastest-growing financial platforms. Following its latest financing round, its valuation has doubled to approximately $3.1 billion, underscoring its rapid ascent in a competitive marketplace.

Looking ahead, Plata aims to continue its trajectory of growth by expanding its services and enhancing customer experience. With a unique approach that melds digital solutions with traditional banking practices, Plata is poised to significantly transform how financial services are delivered in Mexico. This exciting new phase positions Plata not just as a player in the Mexican financial scene but as a key contender in the international digital banking sector.

About Plata

Plata stands out as a revolutionary Mexican financial technology platform. Its mission is to elevate the standards of financial products and services in Mexico, backed by its innovative approach and commitment to customer satisfaction. With a focus on overcoming challenges posed by conventional banking, Plata is determined to reshape the financial experience for all Mexicans.

For more information on Plata and its offerings, visit platacard.mx.