Funding round
Plata Card Series B
Plata Card, which works in digital financial services in Mexico City, raised $250M in a Series B round announced on 17 Oct 2025, led by Kora, Moore Strategic Ventures, TelevisaUnivision and Moore Capital Management, at a $3.10B post-money valuation. 6 firms took part.
$250M
Amount raised
$3.10B
Post-money valuation
$2.85B pre-money
6
Investors
4 leads
8.1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Plata Card at $3.10B after the new money. The $250M bought investors about 8.1% of the company. It is Plata Card's first venture round on record, 3 years after it was founded in 2022. No later venture round is on record for Plata Card.
Plata Card's funding rounds
This is the only venture round on record for Plata Card.
- Debt not a venture round 1 Apr 2024, led by Fasanara Capital $100M
- Series B this round 17 Oct 2025, led by Kora, Moore Strategic Ventures and TelevisaUnivision $250M$3.10B post-money
- Debt not a venture round 15 Dec 2025, led by Nomura Securities International, Inc. $500M
Investors
Who put money in
Kora, Moore Strategic Ventures, TelevisaUnivision and Moore Capital Management led the round with 2 other firms.
Lead investors
- backs 8 venture-backed companies new investor
- Moore Strategic Ventures new investor
- TelevisaUnivision new investor
- Moore Capital Management
Also in the round
- backs 6 venture-backed companies new investor
- Spice Expeditions new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion and scaling operations.
- Product development
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
9 Series B rounds in Financial Services within a year either side disclosed an amount; the median was $30M, and this round was 8.3 times the median. The closest in time, other companies' Series B rounds in Financial Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Financial Services | 6 Oct 2025 | $120M | $1.20B | Hornbill Capital |
| Financial Services | 1 Oct 2025 | $20M | not disclosed | Thomvest Ventures |
| Financial Services | 14 Oct 2025 | undisclosed | not disclosed | Macquarie |
| Financial Services | 3 Sep 2025 | $30M | not disclosed | Canapi Ventures |
| Financial Services | 31 Jul 2025 | $63M | not disclosed | General Atlantic |
| Financial Services | 21 May 2025 | $23M | not disclosed | Upfront Ventures |
| Financial Services | 7 Apr 2026 | $23M | not disclosed | DisrupTech Ventures and Development Partners International |
| Financial Services | 21 Jul 2026 | $70M | $1.20B | Halo Fund |
Sources
Where this comes from
Reported by 4 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Plata Card raise in its Series B round?
Plata Card raised $250M in its Series B round, announced in Oct 2025.
Who led Plata Card's Series B round?
Kora, Moore Strategic Ventures, TelevisaUnivision and Moore Capital Management led it, with Audeo Ventures and Spice Expeditions.
What was Plata Card's valuation at the Series B round?
$3.10B post-money ($2.85B pre-money).
How does it compare with other Series B rounds in Financial Services?
9 Series B rounds in Financial Services within a year either side disclosed an amount; the median was $30M, and this round was 8.3 times the median.