Overview
- Plata announced a Nomura-arranged facility of up to $500 million, which it says is the largest to date for a Mexican digital financial-services firm.
- The transaction is presented as a first of its scale in Mexico’s fintech sector involving a Japanese investment bank.
- The company holds an Institución de Banca Múltiple license granted in December 2024 and is awaiting the CNBV’s final go-ahead to begin banking operations.
- Management says the funds will support disciplined growth, infrastructure upgrades and preparations for the bank’s launch.
- Plata cites more than $1 billion invested in Mexico, over 2.5 million active customers and prior institutional lines and Nordic bond issuance, following an October $250 million round that lifted its valuation to $3.1 billion.