Banco Plata
Mexican digital bank of the Plata group, founded in 2023, offering the Plata Card credit card, deposit accounts and business accounts; it raised a USD 405 million Series C at a USD 5 billion valuation in April 2026.
Industry: Digital banking | Location: Mexico City, Mexico | Founded: 2023 | Total Funding: USD 1.3B
About Banco Plata
Banco Plata is the Mexican digital bank of the Plata group, a fintech that began issuing credit cards in Mexico in 2023. Its website names Banco Plata, S.A., Institución de Banca Múltiple as the legal entity, with an address in Mexico City, and lists the Plata Card credit product, Plata Cuenta deposit accounts, investments and a business account called Plata Negocios. The bank has no branches.
Bloomberg Línea reports that former Tinkoff Bank executives founded Plata and names Neri Tollardo, Alexander Bro, David Isakhanian and Danil Anisimov as the founders. FinTech Global and Pulse 2.0 name Tollardo and Anisimov. Tollardo is chief executive. LatamList reported in April 2026 that Marcos Kantt, a former investment banker, had been appointed chief financial officer as Plata considered a possible IPO.
Expansión and Bloomberg Línea report that Mexico's banking regulator, the CNBV, authorised Plata to operate as a bank in February 2026. FinTech Global says Plata launched full banking operations under the Banco Plata name in March 2026, adding deposit and debit services to its credit products. Plata's October 2025 release said it had received a banking licence in December 2024 and was awaiting approval to start operations.
FinTech Global reports more than 3.5 million active credit card customers in April 2026 and an annualised revenue run rate above USD 600 million cited by the company. A December 2025 release put headcount above 3,000.
Plata raised a USD 160 million Series A led by Kora in March 2025 at a USD 1.5 billion valuation. In October 2025 it announced USD 250 million, a mix of primary Series B equity and secondary sales, led by Kora at USD 3.1 billion. In December 2025 Nomura arranged private credit financing of up to USD 500 million. In April 2026 it raised a USD 405 million Series C led by Bicycle Capital at USD 5 billion, with Qatar Investment Authority, BTG Pactual and Valor Capital Group joining. LatamList put total capital raised at over USD 2 billion in debt and equity.
Leadership
- Neri Tollardo, Co-founder and Chief Executive Officer
- Danil Anisimov, Co-founder
- Alexander Bro, Co-founder
- David Isakhanian, Co-founder
- Marcos Kantt, Chief Financial Officer