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Plata - About the company

Plata is a funded company based in Southampton (United Kingdom). It operates as a Provider of unsecured personal online loans. This company offers a streamlined online application process for personal loans, including top-up loans. They provide various loan amounts and repayment terms to suit individual needs. The application process is designed to be simple and stress-free, with a quick eligibility check that does not impact credit scores. The company states it does not charge any fees.. , with a current valuation of $*****. The company has 41 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like Asialink Finance Corporation, Tattvafincorp and Cfcua.

Company Details

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Social
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Key Metrics
Location
Southampton, United Kingdom
Stage
Funding Raised
Post Money Valuation
$***** as on Mar 11, 2025
Ranked
Employee Count
54 as on May 31, 2026
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Plata's funding and investors

Plata is a funded company. Plata has 1 institutional investor.

Plata's founders and board of directors

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Plata's employee count trend

Plata has 54 employees as of May 26. Here is Plata's employee count trend over the years:
Employee count trend for Plata
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Plata's Competitors and alternates

Top competitors of Plata include Asialink Finance Corporation, Tattvafincorp and Cfcua. Here is the list of Top 10 competitors of Plata, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Asialink Finance Corporation
Asialink Finance Corporation
1997, Pasig (Philippines), Late Stage
Leading and fast-growing finance company providing online financing services
$71.3M
43/100
2nd
Logo for Plata
Plata
Southampton (United Kingdom), Funding Raised
Provider of unsecured personal online loans. This company offers a streamlined online application process for personal loans, including top-up loans. They provide various loan amounts and repayment terms to suit individual needs. The application process is designed to be simple and stress-free, with a quick eligibility check that does not impact credit scores. The company states it does not charge any fees.
-
36/100
3rd
Provider of various financial loans for individuals and businesses. This includes two-wheeler, pre-owned car, gold, personal, home, and loan against property financing. SME and business loans are also offered. The company facilitates loan applications through online and in-person channels, providing a streamlined process for loan approvals and disbursals. Eligibility criteria and repayment options vary depending on the loan type.
-
-
33/100
4th
Logo for Cfcua
Cfcua
Unfunded
Provider of financial services to credit union members
-
-
32/100
5th
Logo for Welfund
Welfund
2022, Chennai (India), Unfunded
Online platform for sustainable asset financing
-
-
29/100
6th
Logo for Iowafinance
Iowafinance
Des Moines (United States), Funding Raised
Provider of financial assistance for housing, agriculture, and community development. It offers mortgage and down payment assistance programs for homebuyers, including support for military members. Additionally, it provides funding and resources for beginning farmers and various rental assistance programs. The organization also supports community development initiatives through infrastructure projects and water quality programs, and facilitates the issuance of tax-exempt bonds. Its services aim to improve the quality of life for residents by enhancing access to affordable housing and fostering economic growth within communities.
-
28/100
7th
Logo for Ibankfmb
Ibankfmb
Eatonton (United States), Unfunded
Provider of banking services including personal and business accounts, lending, and online banking solutions. It offers a suite of financial products and services designed to meet diverse customer needs. These include various account options, personal and business loans, and convenient digital banking tools such as mobile deposit and online bill pay. Customers can manage their debit and credit cards through mobile apps. The bank also provides traditional banking services at physical branches.
-
-
27/100
8th
Logo for America’s Mortgage Solutions
America’s Mortgage Solutions
1997, North Palm Beach (United States), Unfunded
Online lending marketplace offering mortgage loans
-
-
26/100
9th
Logo for Loanpey
Loanpey
2022, Noida (India), Unfunded
Online platform offering personal loans with repayment options
-
-
26/100
10th
Loan brokerage firm
-
-
25/100
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Plata's Investments and acquisitions

Plata has made no investments or acquisitions yet.

News related to Plata

Media has covered Plata for a total of 2 events in the last 1 year.
Digital bank Plata garners $160m at $1.5bn valuationRetailbankerinternationalMar 13, 2025Plata
Plata partners with EntersektThe PaypersOct 23, 2023Plata, Entersekt
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