US EditionArgentine Neobank Uala Raises $195 Million to Bankroll Latin American Expansion
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Humand raises US$66 million with participation of global funds. Humand Image The human resources technology startup Humand announced the closing of a Serie A investment round for US$66 million, considered the largest of its kind in Latin America according to Nasdaq. The round was led by venture capital funds Kaszek and Goodwater Capital. Investors and funds such as Y Combinator, Newtopia VC and technological entrepreneurs, including Marcos Galpe…
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Argentine Neobank Uala Raises $195 Million to Bankroll Latin American Expansion
The round, led by Allianz X, Allianz’s Group strategic investment arm, seeks to help Uala expand its operations across Latin America. The company reached a $3.2 billion valuation, becoming one of the largest digital conglomerates in the region. Uala Reaches $3.2 Billion Valuation In Latest Funding Round Uala, an Argentina-based neobank, has closed a successful […]
Ualá Raises $195M in Funding Round Led by Allianz X
Ualá, the Latin American neobank, has raised $195 million in equity financing led by Allianz X, the strategic investment arm of Allianz Group. The transaction builds on the companies’ long-term partnership to scale embedded insurance solutions across the region. New and existing investors also participated in the round, including Stone Ridge Holdings Group, Tencent, TABLE
A total of $570m was raised across 26 FinTech deals this week - Catchup on them here
Global FinTech funding round activity stayed relatively stable this week, matching similar levels to last week. A total of $570m was raised across 26 deals, while last week saw $544m raised through 22 deals. One deal accounted for over a third of the total capital raised by FinTechs this week. This major investment was secured […]
Allianz has acquired a stake in the Latin American Fintech Ualá. Thus, the insurer intends to massively expand digital financial and insurance offers in the region. read more
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