Ualá is a funded company based in Buenos Aires, Argentina, founded in 2017 by Pierpaolo Barbieri. It operates as a fintech company offering a mobile application linked to an international Mastercard, enabling users to perform various financial transactions such as money transfers, bill payments, and investments. Ualá has raised significant funding, including a $350 million Series D round in August 2021, valuing the company at $2.45 billion. The company has over 1,500 employees and operates in Argentina, Mexico, and Colombia.
Ualá Corporate Details & Core Services
Ualá is an Argentine fintech company offering a mobile application linked to an international Mastercard, enabling users to perform various financial transactions such as money transfers, bill payments, and investments. The company aims to promote financial inclusion by providing accessible and cost-effective services.
Buenos Aires, Ciudad Autónoma de Buenos Aires, Argentina
Tags
fintechdigital bankingfinancial services
What are Ualá's Key Business Metrics & Stats?
No of employees
1500
Founded year
2017
Type
private
SAICS CODE
6021
NAICS Code
522210
Industry
Financial Services
Location
Buenos Aires, Ciudad Autónoma de Buenos Aires, Argentina
Other website
uala.mx, uala.com.co
Pricing Strategy
Free account with no maintenance fees
How much funding has Ualá raised to date?
Name
Description
Funding Amount
USD 350 Million
Stage
Series D
Latest Valuation
2.5 Billion (USD)
Lead Investor
SoftBank Latin America Fund
Investors
SoftBank Latin America Fund, Tencent, Soros Fund Management LLC, Goldman Sachs Asset Management, Ribbit Capital, Greyhound Capital, Monashees, Endeavor Catalyst, D1 Capital Partners, 166 2nd, Jacqueline Reses, Isaac Lee
What are Ualá's Core Products?
Name
Description
Ualá App
A mobile application that allows users to manage their finances, including money transfers, bill payments, and investments.
Ualá Mastercard
An international prepaid Mastercard linked to the Ualá app for making purchases and withdrawals.
Ualá Bis
A solution for entrepreneurs and merchants that allows selling through a payment link or mobile point-of-sales (mPOS).
What are the latest developments at Ualá?
Date
Type
Description
August, 2021
Funding
Ualá raised $350 million in a Series D investment round led by SoftBank and Tencent, valuing the company at $2.45 billion.
January, 2022
Expansion
Ualá launched operations in Colombia, marking its third market in Latin America after Argentina and Mexico.
Visa Debit Card, Visa Credit Card, Savings Accounts, Currency Exchange, Personal Loans, Investment Options, QR Code Payments, Apple Pay and Google Pay Integration
NuConta, Nubank Credit Card, NuInvest, NuCel
Founded Year
2017
2017
2013
Stock Name/Ticker
NU (NYSE)
Type
private
private
public
Global Employees
1500
334
8000
Revenue (Annual)
$10 Million(2025)
$8 Billion(2023)
Headquarters
Buenos Aires, Ciudad Autónoma de Buenos Aires, Argentina
Ciudad Autónoma de Buenos Aires, Buenos Aires, Argentina
São Paulo, São Paulo, Brazil
Latest Valuation
$2.5 Billion
$64 Million
$45 Billion
What are Ualá's official legal and registration details?
Name
Description
Legal Name
Alau Tecnología S.A.U.
Cin number
GST number
Registration number
CUIT 30-71542170-0
Who is in Ualá's executive leadership team?
Name
Designation
CEO
Pierpaolo Barbieri
Chief People Officer
Diego Solveira
Head of Engineering
Damián Alejandro Camarasa
Chief Commercial Officer at Ualá Bis
Maia Eliscovich
Head of Finance
Rubén Cordero
Where are Ualá's primary office locations?
City
Country
Buenos Aires
Argentina
Mexico City
Mexico
Bogotá
Colombia
What are the current business signals and market intelligence for Ualá?
Spending next 3 months
Expansion in Latin America, Product development, User acquisition
Pain points
Financial inclusion, High banking fees, Complex financial products
Sales motion
Direct-to-consumer, Digital marketing
Buyer Persona
Unbanked individuals, Young adults, Small business owners
Type of customer
Individuals, Small businesses
Key customer domain
What are Ualá's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
1.3
Glassdoor Rating
What are Ualá's business model and service classifications?
