US EditionArgentina’s Ualá Reaches $3.2 Billion Valuation in New Funding Round
12 Articles
12 Articles
The new capital will allow the company founded by Pierpaolo Barbieri to continue climbing; the valuation of the company went to US$3.2 billion
The fintech founded by Pierpaolo Barbieri thus reaches a capitalization of US$ 3.2 billion.
Neobank Ualá raises $195m at $3.2bn valuation
Ualá, a digital banking platform operating in Argentina, has secured $195m in an equity funding round led by Allianz X, the investment division of Allianz Group. The funding round included participation from Stone Ridge Holdings Group, Tencent, TABLE Holdings, L.P., Soros Fund Management, and D1 Capital Partners. This new investment places Ualá’s post-money valuation at $3.2bn. The company will use the funds to support its growth across Latin Am…
While Argentina expects a "flood of dollar investment" this year in traditional sectors like agriculture, fuel, and large-scale mining, with programs like RIGI and tax breaks, it seems that Argentine-founded startups are actually attracting capital. The fintech company Ualá officially announced today that it has raised a new round of funding for $195 million. Days earlier, the HRtech company Humand broke its Series A record with $66 million. Pom…
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