BTG Pactual Invests in Plata
Simpson Thacher is representing BTG Pactual in its investment in Plata Technologies, Corp. (“Plata”), in connection with a $405 million Series C financing round valuing the Mexican fintech at $5 billion.
Founded in 2023, Plata offers digital loans and payment services and has more than 3.5 million active credit-card customers, ranking among the Latin America’s most valuable fintech companies.
BTG Pactual is the largest investment bank in Latin America and operates across several segments including Investment Banking, Corporate Lending and Business Banking, Sales and Trading, Wealth Management and Personal Banking and Asset Management.
The Simpson Thacher team includes Grenfel Calheiros, Luiz Noronha and Isabela C. Sanchez (M&A – São Paulo).