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Banco Plata Debuts as a Bank at Bocelli’s Free Zócalo Concert Drawing 300,000

The company signals upcoming deposit products in a shift to regulated, full-service banking in Mexico.

Overview

  • The free Zócalo concert headlined by Andrea Bocelli, staged Saturday, drew about 300,000 people in what outlets called the country’s largest classical-music event, a count confirmed by Mexico City leader Claudia Sheinbaum.
  • Banco Plata organized the show as its public presentation as a bank in Mexico after obtaining a banca múltiple license that allows it to offer a wider set of regulated services.
  • The program blended opera with cumbia and pop as Bocelli performed with the Orquesta Sinfónica de Minería alongside Los Ángeles Azules, Ximena Sariñana and Larisa Martínez.
  • Sponsorship kept the event free and open in the capital’s main civic square, bringing a style often confined to ticketed halls to a broad public audience.
  • Banco Plata reports rapid growth with a $5 billion valuation, 3.5 million active card customers and a 600-developer tech team, and says new deposit and savings products are coming.