Ualá closed an investment round of US$195 million
Ualá, an Argentine digital bank, has secured US$195 million in funding, raising its valuation to US$3.2 billion and enabling it to expand its services across Latin America.
Ualá secures a $195 million injection from an insurance giant
The Argentine fintech Ualá has raised $195 million in a funding round led by Allianz X, valuing the company at $3.2 billion.
More wallet competition to be banks abroad: Banco Galicia wants to join Ualá and Mercado Pago in Mexico
Grupo Financiero Galicia is seeking formal permission for its fintech wallet Naranja X to operate as a bank in Mexico, joining competitors Mercado Pago and Ualá who have already obtained banking licenses there.