Mexican digital bank Plata has raised $160m in its Series A funding round with a valuation of $1.5bn. The round, subject to regulatory approvals, was led by Kora. It also included contributions ...

Bitso Business, an arm of the Mexican crypto exchange Bitso, will launch a Mexican peso-pegged stablecoin on the Ethereum layer-2 network Arbitrum. The stablecoin, MXNB, will be issued and managed ...

The USD 160 million Series A equity round brings the total investment that Plata has made into the Mexican economy since its launch to over USD 750 million. Series A, which positions Plata as one of ...

MEXICO CITY, March 11, 2025 /PRNewswire/ -- Plata, the Mexican digital bank that received its banking license authorization in December 2024, has successfully closed its Series A equity round with ...