The Startup Atlas · Latin America · Argentina

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Ualá

A mobile-first neobank offering accounts, cards, loans, investments and merchant payments, with banking licenses in Argentina and Mexico.

Founded
2017 · Buenos Aires, Argentina
Founders
Pierpaolo Barbieri (Founder and CEO)

In their words

“En Argentina ya hemos sido rentables, aunque el año pasado la volatilidad de tasas y el crecimiento de la mora afectaron a todas las instituciones financieras del país”

Translation: “In Argentina we have already been profitable, although last year rate volatility and rising delinquency affected all of the country's financial institutions.”

Pierpaolo Barbieri, Founder and CEO · Bloomberg Línea, 2026-03-04

On the record

  • 2026-03-04Raised $195 million in a round led by Allianz X, reaching a $3.2 billion valuation, with more than 11 million customers in the region. Bloomberg Línea
  • 2025-03-20Extended its Series E with an additional $66 million, bringing the round to $366 million; the round's first close was led by Allianz X. Ualá (press release)

Verified by IRIS on 2026-11-13. Something changed? Write to hello@iris-media.xyz.