Overview
- The Mexico City event at the Zócalo served as the public kickoff of Banco Plata’s move to a licensed banca múltiple, which is a full-service bank authorization.
- The program featured the Orquesta de Minería with Andrea Bocelli, followed by Los Ángeles Azules and Ximena Sariñana, with a Bocelli–Ángeles Azules duet of Vivo por Ella in a cumbia style.
- CEO Neri Tollardo said the change goes beyond rules and focuses on simpler access to money services by removing bureaucracy and relying on digital systems built for speed and ease.
- Coverage cites company figures of about 300,000 attendees and claims of roughly 3 million active customers and a valuation near $3.1 billion, which the reports did not independently verify.
- A banca múltiple license in Mexico allows a broader range of services than a limited fintech setup, so customers could see more deposit, credit, and savings options offered in one app.