Announced

Completed

Allianz X led a $300m Series E round in Ualá.

Synopsis

Allianz X, a private equity firm, led a $300m Series E round in Ualá, an Argentine fintech company, with participation from Stone Ridge, Tencent, Pershing Square, Ribbit Capital, Alan Howard, Goldman Sachs Asset Management, Soros Fund Management, Rodina, SoftBank Latin America Fund, Jefferies, D1 Capital Partners, Claure Group, AlleyCorp and Monashees. "The future inspires us. This Series E funding will further our financial ecosystem now with fully integrated and operational banks in our markets. The trust and confidence from our investors reaffirms our vision: we will soon be the largest bank in Argentina. Mexico and Colombia are next. Our single focus is the finest product: we will keep delivering the best value proposition for our users in Mexico, Argentina and Colombia – and grow beyond," Pierpaolo Barbieri, Ualá Founder and CEO.

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