Reported 13 days ago
Argentine fintech company Ualá has secured $300 million in a Series E funding round, bringing its valuation to $2.75 billion. The investment was led by Allianz X and included several new and existing investors. Ualá, which aims to become the largest bank in Argentina, plans to use the funds for expansion in Argentina and other markets like Mexico and Colombia. The company is known for its diverse financial products and has attracted a significant user base, with strong demand for its dollar-denominated accounts.
Source: YAHOO