Argentinian fintech Ualá secured $300 million in a Series E funding round, achieving a valuation of $2.75 billion, making it the most significant private financing in Latin America in three years. Led by Allianz X, the round included prominent investors like Goldman Sachs Asset Management, SoftBank Latin America Fund, and D1 Capital Partners. The funds will help boost Ualá’s plans to expand its financial ecosystem and solidify its presence in Argentina, Mexico, and Colombia. With 8 million users and growing, Ualá aims to be the leader in digital banking across its markets, and explore opportunities in the insurance sector through its partnership with Allianz X.
Argentinian Fintech Ualá Lands $300m Series E Funding Round at $2.75B Valuation
