Ualá

Financial ServicesSeries EBuenos Aires, Argentinauala.com.ar

Latest round

Series E

Last raised

Nov 2024

Total raised

$844M

Investors

23

About Ualá

Founded in 2017 in Buenos Aires, Argentina, Ualá is focused on providing innovative financial solutions. The company was founded by Pierpaolo Barbieri. Ualá offers a comprehensive suite of financial services primarily aimed at simplifying personal finance management for its users. At the core of its product offerings is a mobile application that enables users to perform a variety of financial activities, such as making purchases, transferring funds, buying foreign currency, and investing in various financial instruments including CEDEARs, stocks, and fixed-term deposits. The application also facilitates bill payments, prepaid service top-ups, and the loading of transport cards (like SUBE), all from a single platform. Ualá has positioned itself to serve a diverse customer base, including individual consumers and small businesses, primarily in Argentina and expanding its reach into other Latin American markets.Ualá generates revenue through transaction fees associated with various banking and investment services offered via its application. For example, when users purchase foreign currency or invest in financial instruments, a transaction fee is applied, contributing to the company’s overall revenue stream. The company operates on a business-to-consumer (B2C) model, directly engaging with end-users who utilize their digital wallet and financial services. Ualá also provides its customers with a digital Mastercard, which allows for purchases at any merchant accepting card payments, further enhancing user interaction and driving transaction volumes.

Who invested in Ualá

23 investors across 6 rounds

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Funding rounds

  1. Series E

    Nov 11, 2024

    Amount

    $300M

    Investors

    Locked

  2. Series D

    Aug 13, 2021

    Amount

    $350M

    Investors

    Locked

  3. Series C

    Nov 25, 2019

    Amount

    $150M

    Investors

    Locked

  4. Series B

    Oct 3, 2018

    Amount

    $34M

    Investors

    Locked

  5. Series A

    Feb 6, 2018

    Amount

    $10M

    Investors

    Locked

  6. Seed

    Jan 20, 2017

    Amount

    Undisclosed

    Investors

    Locked

Questions about Ualá

Who invested in Ualá?

Ualá has 23 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ualá raised?

Ualá has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Ualá last raise money?

Ualá's most recent round on record is a Series E, in Nov 2024.

What does Ualá do?

Founded in 2017 in Buenos Aires, Argentina, Ualá is focused on providing innovative financial solutions.

Where is Ualá headquartered?

Ualá is headquartered in Buenos Aires, Argentina.

Which VCs invest in companies like Ualá?

Among active investors with capital left to deploy, Inception Capital, Bewater Ventures, Iporanga Ventures and SIMMA Capital back financial services companies at Ualá's stage. Their profiles are linked below.

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