Banco Plata

Mexicofintech

Banco Plata is a Mexican fintech that provides digital banking and lending services, aiming to offer accessible financial products to underserved consumers. Its platform enables users to manage accounts, obtain credit, and make payments, including credit card payments in cash at over 24,000 OXXO stores across Mexico through an integration with Tapi. The company serves 3.5 million users in Mexico and has secured significant funding, including a $300 million private credit line from Oaktree, Macquarie Group, Fasanara Capital, and Banco Covalto, structured by Nomura, as well as a $405 million Series C round at a $5 billion valuation. Founded by Neri Tollardo, Banco Plata is positioned as a leading digital bank in the region.

Website

Key people

• Neri Tollardo Founder