Uala news and trends

Ualá Introduces No-Fee Credit Card in Argentina 
Credit Cards // December 01, 2023

Ualá, a Buenos Aires-based FinTech company, has introduced a no-fee credit card in Argentina.  Backed by prominent investors including George Soros, Steve Cohen and Tencent Holdings, Ualá aims to provide financial services to the millions of Argentines who lack access to traditional banking products, Bloomberg reported Friday (Dec....

Ualá and ABC Capital Team to Offer Loans in Mexico 
Digital-First Banking // December 05, 2022

Ualá and ABC Capital have teamed to offer personal loans in Mexico.  This will be a new offering for both companies. It comes as Ualá, which is an Argentine FinTech company, is awaiting approval to finalize its acquisition of ABC Capital, which is a Mexican...

Uala to Spend $150M to Expand Digital LatAm Banking
Digital Banking // October 04, 2022

Argentine FinTech Uala plans to invest $150 million in the next year and a half to expand its Latin American digital banking operations as the region becomes more digitized. The expansion will focus mainly on Mexico and Colombia, with Uala — valued at around $2.5...

Uala Wants to Tap Into Mexico’s $60B Remittance Market
Latin America // September 09, 2022

Argentina-based FinTech Uala will let its customers in Mexico receive money from abroad in an attempt to capitalize on the burgeoning $60 billion remittances market. The new service will be overseen by ABC Capital, a Mexican bank Uala is in the process of acquiring, Bloomberg...

Quick Reads
Ualá Eyes Banking Expansion After $2.75 Billion Valuation

November 11, 2024
Argentina’s Ualá has reportedly raised $300 million, valuing the FinTech at $2.75 billion. “We’re going to use this to scale Argentina, where my goal is to be the largest bank in the country, not just by users but by book,” founder and CEO Pierpaolo Barbieri said in an interview with Bloomberg News posted Monday (Nov. 11). He added that the […]

Ualá Introduces No-Fee Credit Card in Argentina 

December 01, 2023
Ualá, a Buenos Aires-based FinTech company, has introduced a no-fee credit card in Argentina.  Backed by prominent investors including George Soros, Steve Cohen and Tencent Holdings, Ualá aims to provide financial...

Ualá and ABC Capital Team to Offer Loans in Mexico 

December 05, 2022
Ualá and ABC Capital have teamed to offer personal loans in Mexico.  This will be a new offering for both companies. It comes as Ualá, which is an Argentine FinTech...

Uala to Spend $150M to Expand Digital LatAm Banking

October 04, 2022
Argentine FinTech Uala plans to invest $150 million in the next year and a half to expand its Latin American digital banking operations as the region becomes more digitized. The...