Ualá to acquire ABC Capital.

Ualá, an Argentine financial services startup, agreed to acquire ABC Capital, a Mexican bank. Financial terms were not disclosed. “Our commitment to financial inclusion in Mexico is absolute. The acquisition of ABC bank will allow us to offer a far wider variety of financial services within our ecosystem, as well as greatly accelerate our growth in the Mexican market,” Pierpaolo Barbieri, Ualá Founder and CEO.