Ualá is a fintech startup based in Argentina that aims to bring Latin American financial services into the 21st century. Founded in 2017 by Pierpaolo Barbieri, the company offers an innovative and integrated experience through an app and an international Mastercard card. Ualá's mission is to bring the unbanked into the financial system by offering cheaper and more convenient services than any other alternative.
Ualá has made significant strides in the fintech industry, recently raising $350 million in a funding round led by SoftBank and Tencent, bringing its valuation to $2.45 billion. With this funding, Ualá plans to expand its services and improve its technology, including the launch of its own broker-dealer known as Ualintec Capital. This new platform will boost the investment options offered to clients through its wallet app.