Uala

uala.com.mx

Uala is a fintech that offers its users an innovative and integrated experience, including the unbanked population in the financial system by providing more convenient and lower-cost services than other alternatives. Through a mobile app linked to an international Mastercard card, users can carry out a wide variety of financial transactions. This includes transferring money, paying bills, loading credit on prepaid cell phones and transportation cards, and much more. Uala is available in Argentina, Mexico and Colombia for Android and iOS. It operates with a Mastercard card and is the first card on the market without issuance, renewal, maintenance and closing costs. Founded by Pierpaolo Barbieri, Uala was launched in the Argentine market in October 2017 and in September 2020 in the Mexican market. It has the support of renowned international investors such as Kevin Ryan, Soros Management Fund, Jefferies, Bessemer Ventures Partners, Point72, Greyhound Capital, Goldman Sachs, Ribbit Capital, Tencent, SoftBank and Monashees.