Mexico’s Plata Raises $250 Million at $3.1 Billion Valuation
PositiveTechnology

Plata, a fintech company based in Mexico, has successfully raised $250 million in a new equity funding round, bringing its valuation to an impressive $3.1 billion. This significant investment will enable Plata to expand its operations and transition into a full-fledged bank, marking a pivotal moment in its growth journey. The funding not only highlights investor confidence in Plata's business model but also underscores the increasing importance of fintech solutions in the banking sector.
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