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0.000652103032279086 0.000978154548418687 0.000652103032279086 0.0026942940984674 0.00195630909683726 0.00879686990544506 0.00912944245190744 0.00358656667753503
Stock impact report

Plata Raises $405 Million At $5 Billion Valuation In Series C Round [Yahoo! Finance]

Nu Holdings Ltd. Class A Ordinary Shares (NU) 
Company Research Source: Yahoo! Finance
billion, a level that places it at the top of privately held financial services firms in Latin America. The round was led by Bicycle Capital and included Kora, Qatar Investment Authority, and BTG Pactual, underscoring a broad base of institutional support. The timing could be important, as a new cohort of fintech players continues to challenge traditional lenders in one of the world's most underbanked markets. Plata began fully operating as a bank in March, recently appointed Marcos Kantt as chief financial officer, and is exploring a potential initial public offering, according to the company. Warning! GuruFocus has detected 7 Warning Signs with LYV. Is NU fairly valued? Test your thesis with our free DCF calculator. The company's operating momentum has been building quickly. Founded in 2023 by former Tinkoff employees, Plata offers digital loans and payment services and has expanded its active credit-card customer base to more than 3.5 million, up from 1 million in March 2025. Show less Read more
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