Ualá is an Argentina-based Latin American neobank. Its native apps link with a Mastercard that allows users to conduct financial transactions such as online or offline purchases, free P2P and top-ups, as well as other payments, both in Argentina and abroad. Ualá’s technology and proprietary integrations allow for live transactionality, the first and only PFM solution in the market, and secure instant transfers, among others.
Contxto – Earlier today, a Reuters report surfaced that Brazilian VC firm monashees will be raising US$250 million to grow investments in Latin American startups. While monashees hasn’t formally announced or confirm this news, this could be an important milestone for the group. In Summary Eric Acher and Fabio Igel founded the São Paulo-based VC […]Read More
Contxto – As the challenger and neo-bank industry starts to mature, what used to be called “startups” are now reaching puberty. These alternative banks aren’t the cute little babies that they used to be. Rather than hoping to someday be like dad, now they’re actually competing with dad. At least this is the case of […]Read More
Contxto – Nothing feels more empowering to entrepreneurs and developers than seeing their project come to fruition. For software engineers, writing a functioning code is something to feel really proud of. But for hardware engineers, however, seeing the impact that your work has done is as rewarding as coming home from work to eat your […]Read More
Contxto – Ualá, the Argentine challenger bank, adds yet another legendary investor to its cap table. Tencent, the Chinese telecom giant, has decided to fund the fintech startup with hopes of attracting more users. In Summary WeChat’s holding company, Tencent, is clearly placing big bets on Latin American banking alternatives. After investing in Nubank a […]Read More
Contxto – Not long ago, we covered Google’s upcoming Launchpad Accelerator event in Mexico City. This past Tuesday, however, Google announced the 10 participating startups for this special initiative beginning later this month. In anticipation of this, here’s the low-down. In summary Google’s Launchpad Accelerator is a three-month training, workshop and mentoring event designated for […]Read More