
Plata
Plata is a financial technology company and not a bank with a Silver facilitates access to banking services from a partner bank.
- Company
- Miami, FL, USUnited States
Plata operates the miPlata app, an all-in-one banking and payroll platform for Latino workers in the United States and Latin America. It pairs a consumer dollar account with an employer channel that enrolls workers and moves payroll from paper checks to direct deposit.
The account offers account details, a debit card, direct deposit, transfers between users, and savings, with local receiving details that keep balances in dollars and sign-up that requires no Social Security number. It reaches workers through employers with onsite onboarding and a desktop portal for tracking payments and adding hires, replacing paper checks and trips to check-cashing stores.
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Quick Facts
Who are Plata's competitors?
Companies similar to Plata include GXS Bank, Plunzo, Buró de Ingresos and Firmus linxe.
When was Plata founded?
Plata was founded in 2022.
Where is Plata's headquarters located?
Plata's headquarters is located in Miami, FL, US.
When was Plata's last funding round?
Plata's most recent funding round was for $20k (USD) in March 2024.
How much disclosed funding has Plata raised?
As of Mar 11, 2024, Plata has disclosed funding of $20k (USD). Undisclosed round amounts are excluded.
Classification
- Ownership