Mexican Fintech Plata Secures Record $500 Million Financing Facility from Nomura

Historic Financing for Mexican Fintech

Plata, a prominent Mexican fintech company, has announced the successful securing of a $500 million financing facility. The significant deal was arranged by Nomura Securities International, a subsidiary of the global financial services group Nomura. This transaction is notable as it represents the largest private credit financing ever raised by a Mexican fintech and marks the first instance of a major Japanese financial institution backing a digital finance operation of this scale in Mexico. The announcement was made on December 15-16, 2025.

Plata's Growth and Strategic Vision

Founded in 2022 by former Tinkoff Bank executives Neri Tollardo, Danil Anisimov, and Alexander Bro, Plata officially commenced operations in April 2023 with the launch of its Plata Card. The company's core mission is to provide digital banking and consumer credit solutions to Mexico's underbanked communities. Plata has experienced rapid growth, now serving over 2.5 million active credit customers and having invested more than $1 billion into the Mexican economy. The company employs over 3,000 individuals, including more than 500 engineers and technology specialists.

Plata's strategic trajectory includes its imminent launch as a fully regulated bank. The company received authorization for its banking license in December 2024, a process that began in mid-2022 and involved extensive regulatory scrutiny. This new financing facility is expected to bolster its transition into a comprehensive digital bank, offering services beyond credit, such as debit accounts, payroll access, and potential lending products for small and medium-sized businesses.

Impact and Future Outlook

The $500 million facility from Nomura adds to Plata's already diverse funding portfolio, which includes previous debt arrangements with firms like Fasanara Capital and Lumina Capital, as well as a bond issuance in the Nordic markets. With this latest transaction, Plata's cumulative institutional funding has surpassed $1.6 billion since its entry into the Mexican market. The company achieved unicorn status in March 2025 with a $1.5 billion valuation and further solidified its position with a $250 million equity round in October 2025, which doubled its valuation to $3.1 billion.

Neri Tollardo, co-founder and CEO of Plata, emphasized the broader implications of the deal, stating, 'Nomura's support is more than a financial operation; it is a sign of confidence in Mexico and in the real possibility of building modern, disciplined, technology-driven institutions from our region. It brings us closer to the launch of our banking operations and confirms that a solid model can compete globally.' This financing underscores growing international investor confidence in Mexico's burgeoning fintech sector and Plata's robust business model.