Funding round
Plata Series B
Plata, which works in personal unsecured loan services in Southampton, raised $250M in a Series B round announced on 1 Oct 2025, led by Kora, Moore Strategic Ventures and TelevisaUnivision, at a $3.10B post-money valuation. 7 firms took part. It is Plata's second venture round on record; the one before was a Series A in Mar 2025.
$250M
Amount raised
$3.10B
Post-money valuation
$2.85B pre-money
7
Investors
3 leads
2.1x
Step-up from the Series A
$1.50B in Mar 2025
8.1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Plata at $3.10B after the new money, 2.1 times the $1.50B of its Series A (Mar 2025). The $250M bought investors about 8.1% of the company. It came 7 months after Plata's Series A. It is 61% of the $410M Plata has raised in the venture rounds on record. No later venture round is on record for Plata.
Plata's funding rounds
Plata has 2 venture rounds on record and 2 other deals. This one is highlighted.
- Debt not a venture round 1 Apr 2024 $100M
- Series A 11 Mar 2025, led by Kora $160M$1.50B post-money
- Series B this round 1 Oct 2025, led by Kora, Moore Strategic Ventures and TelevisaUnivision $250M$3.10B post-money
- Debt not a venture round 15 Dec 2025 $500M
Investors
Who put money in
Kora, Moore Strategic Ventures and TelevisaUnivision led the round with 4 other firms.
Lead investors
- backs 8 venture-backed companies new investor
- Moore Strategic Ventures new investor
- TelevisaUnivision new investor
Also in the round
- backs 6 venture-backed companies new investor
- Spice Expeditions new investor
- Hedosophia new investor
- US and European family offices new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
18 Series B rounds in Loans & Financing within a year either side disclosed an amount; the median was $15M, and this round was 17 times the median. The closest in time, other companies' Series B rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Loans & Financing | 31 Oct 2025 | $125M | not disclosed | General Atlantic |
| Loans & Financing | 9 Oct 2025 | $50M | not disclosed | not named |
| Loans & Financing | 8 Sep 2025 | $22M | not disclosed | Valor Capital Group and Bewater |
| Loans & Financing | 17 Sep 2025 | $19M | not disclosed | Citi Ventures and La Maison Partners |
| Loans & Financing | 11 Sep 2025 | $2.3M | $71M | Blue Earth Capital |
| Loans & Financing | 14 Aug 2025 | $11M | not disclosed | Autotech Ventures |
| Loans & Financing | 6 Aug 2025 | $10M | not disclosed | UNLEASH |
| Loans & Financing | 25 Aug 2025 | $10M | not disclosed | Abler Nordic |
Questions
Frequently asked
How much did Plata raise in its Series B round?
Plata raised $250M in its Series B round, announced in Oct 2025.
Who led Plata's Series B round?
Kora, Moore Strategic Ventures and TelevisaUnivision led it, with Audeo Ventures, Spice Expeditions, Hedosophia and US and European family offices.
What was Plata'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 Loans & Financing?
18 Series B rounds in Loans & Financing within a year either side disclosed an amount; the median was $15M, and this round was 17 times the median.