Plata Card
Plata Card is a Mexican financial platform. Its credit card offers users cashback rewards and the option for interest-free installments.
Secondary Market Price
Secondary Market Price
How Plata Card Measures Up
To help you manage your Plata Card equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series B
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Plata Card Prices
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Company Description
Plata Card is a Mexican financial technology company that offers credit-focused products and services. Operating with a banking license, the company provides a digital platform and mobile app for users to access credit lines, receive up to 15% cashback in certain categories, and convert purchases into interest-free installments. Plata Card has developed its own banking infrastructure and uses AI to manage its services. Founded in 2023 and headquartered in Mexico City, the company has grown to serve 2.5 million active credit customers and employs over 3,000 people. In its initial years, Plata Card obtained a banking license and has invested over one billion dollars in Mexico.
The company aims to continue its expansion within the Mexican financial services market. Recently, Plata Card secured a debt financing facility of up to $500 million arranged by Nomura, bringing its total institutional financing to more than $1.6 billion. This followed a $250 million equity round that raised the company's valuation to $3.1 billion. Plata Card has stated its focus is on addressing the limitations of traditional banking in Mexico and furthering financial inclusion and digitalization in the region.
- Kora
- Moore Strategic Ventures
- Fasanara Capital
- TelevisaUnivision
- Audeo Ventures
- Spice Expeditions
- Hedosophia
- Baring Ventures
- Co-Founder, Neri Tollardo
- Co-Founder, Danil Anisimov
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Plata Card worth joining?
Deciding whether to join any startup, including Plata Card, depends on your personal career goals and risk tolerance. If you receive equity compensation, a platform like Prospect can help you understand and manage its potential value.
What should I do with my Plata Card stock?
Managing private company stock involves complex decisions around taxes, timing, and valuation that depend on your personal financial situation. Tools like Prospect are designed to help you create a personalized strategy to optimize the value of your equity.
Can you sell Plata Card stock?
Selling stock in a private, pre-IPO company is typically restricted and only possible during specific liquidity events, such as a tender offer. Platforms like Prospect offer tools to help you navigate these opportunities and sell at the best price.
How can I find the value of my Plata Card stock?
The value of private company stock is typically determined by its 409A valuation, which isn't publicly available. You can use services like Prospect, which uses predictive models to help you forecast your equity's potential future value.
What is Plata Card's equity worth?
A private company's valuation is not public information and is typically determined during fundraising rounds. To understand what your personal equity stake might be worth, you can use financial modeling tools like those offered by Prospect.
What is Plata Card's stock ticker symbol?
As a private company, Plata Card does not have a stock ticker symbol, as those are reserved for publicly traded companies listed on a stock exchange. Equity management platforms like Prospect specialize in helping employees navigate the complexities of pre-IPO stock.
Can I buy or sell Plata Card stock?
Buying shares in a private company is typically limited to accredited investors during specific funding rounds, while selling is restricted to company-approved liquidity events. If you are an employee with stock, services like Prospect can help you prepare for and manage potential selling opportunities.
What is the criteria to buy or invest in Plata Card stock?
Investing in a private startup is typically reserved for accredited investors who participate in organized funding rounds. Platforms like Prospect are designed for employees who have been granted equity, not for outside investors looking to purchase shares.
