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Fintech startup Uala nets $66m series E, valued at $2.75b
Latin American fintech Uala secured US$66 million in a second close of its Series E round, bringing the total to US$366 million.
The funding, which values Uala at US$2.75 billion, includes investment from TelevisaUnivision and will support expansion, especially in Mexico.
Uala plans to enhance payment, credit, and investment services in Argentina while also considering regional growth and potential acquisitions.
The first close of the Series E round was led by Allianz X, with investors including Stone Ridge Holdings, Pershing Square Foundation, and Alan Howard.
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