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Ualá

Ualá is an Argentine neobank and the largest fintech bank in Argentina and Latin America, linked to a Mastercard prepaid card.

Ualá
Original author(s)Pierpaolo Barbieri
Initial release3 October 2017
Operating systemiOS, Android
Licencefreeware
Websiteuala.com.ar

Ualá was launched in Argentina in October 2017 and Mexico in January 2019. It was founded by Pierpaolo Barbieri and financed by international investors like Soros Fund Management, Jefferies investment bank, General Catalyst Partners (investor in Snapchat, Airbnb and Kayak), Bessemer Venture Partners (investor in LinkedIn, Skype and OLX), Point72 Ventures and Kevin P. Ryan.[1][2][3]

References

  1. ↑ "Soros, Cohen Back App to Lure Cash From Argentine Mattresses". Thai Birzargen. 2 October 2017. Retrieved 26 December 2017.
  2. ↑ "Fintech start-up Ualá targets Argentina's unbanked with new mobile banking service". Banking Technology. 24 October 2017. Archived from the original on 27 December 2017. Retrieved 26 December 2017.
  3. ↑ "The Mobile Economy. Latin American and the Caribbean 2016" (PDF). GSMA. Retrieved 26 December 2017.

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