Ualá | VCINVEST DATA

Website

http://www.uala.com.ar

Industry

6419 Banks and credit unions

Business classification

Financials

Corporate information

Registration country

Argentina

Investment activity status

Active investor

Company type

Personal financial management mobile app linked to a Mastercard prepaid card.

Overview

Ualá is a mobile financial services provider in Latin America, with an initial focus on Argentina. Ualá aims to provide an easy-to-use app that enables branchless banking. The company’s payments platform includes the first prepaid and credit cards Argentina to have no fees.

Funding

Funding rounds

Series C USD 150,000,000

USD 150,000,000 (27 Nov 2019)

Investor		Profile	Country	Notes
	Softbank Capital Partners	Early stage venture capital firm	United States	Led the round.
	Tencent Holdings Ltd	Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen.	China	Led the round.

N/A

Investor		Profile	Country	Notes
	Ribbit Capital	Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services.	United States	Initial investment. Round participant.

N/A

Investor		Profile	Country	Notes
	Point72 Ventures LLC	Early-stage venture capital strategy funded exclusively by Steve Cohen and eligible employees of Point72 Asset Management.	United States	Initial investment. Round participant.

Cap Table

Current and past shareholders

	Contacts	Round
Point72 Ventures LLC Early-stage venture capital strategy funded exclusively by Steve Cohen and eligible employees of Point72 Asset Management.		N/A
Ribbit Capital Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services.		N/A
Softbank Capital Partners Early stage venture capital firm	+1 (212) 503-5800	Series C
Tencent Holdings Ltd Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen.		Series C