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Founded Year

2017

Stage

Angel | Alive

Total Raised

$608M

About Uala

Uala is a neobank and personal financial management mobile app linked to a MasterCard prepaid card that allows users to conduct financial transactions, both in Argentina and abroad. This includes transferring money, paying bills, loading credit on prepaid cell phones and transport cards, and more. The company was founded in 2017 and is based in Buenos Aires, Argentina. In September 2022 Uala merge with Workable. The terms of the transaction were not disclosed.

Uala Headquarters Location

Nicaragua 4677

Buenos Aires, 1414,

Argentina

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Uala's Products & Differentiation

See Uala's products and how their products differentiate from alternatives and competitors

  • Payments

    We offer a core transactional product base which includes: bill payments, prepaid services, purchases, money transfers.

    Differentiation

    Simple and inclusive interface and experience. 

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    Differentiation

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Expert Collections containing Uala

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Uala is included in 5 Expert Collections, including Banking.

B

Banking

967 items

U

Unicorns- Billion Dollar Startups

1,190 items

F

Fintech

4,607 items

F

Fintech 250

750 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

F

Future Unicorns 2019

50 items

Latest Uala News

Fosway 9-Grid Identifies Hibob as Strong Performer Following Innovation and Exponential Growth in 2022

Sep 27, 2022

On Sep 27, 2022 HiBob, the company behind Bob, the HR platform transforming how organisations operate in the modern world of work, has been recognised as a ‘Strong Performer’ in the Fosway 9-Grid for Cloud HR, an independent analysis of the European Cloud HR systems market. According to Fosway, a Strong Performer typically provides higher levels of market and customer performance based on five critical factors: Performance, Potential, Market Presence, Total Cost of Ownership and Future Trajectories. Building on last year’s placement where HiBob appeared in the Solid Performer zone of the 2021 Fosway 9-Grid for Cloud HR, the advancement represents the value to customers of HiBob’s unrelenting innovation and growth in 2022. One example of this is Uala, a financial services company based in Argentina. The organisation reported a 405 percent return on investment after deploying HiBob’s HR platform, Bob – recovering its investment from operational and cost efficiencies in less than three months. Having previously relied on manual input into spreadsheets to complete day-to-day processes, and after experiencing high levels of employee growth, Uala decided to implement a solution that would help it maintain effectiveness amid the complexity of scaling its operations. Using Bob, Uala was able to leverage automation through the platform to increase HR team productivity without having to unduly increase headcount. Ronni Zehavi, CEO and Co-Founder of HiBob said: “On behalf of our dedicated and committed ‘Bobbers’ around the world, I’m thrilled to see HiBob place as a Strong Performer in the 2022 Fosway 9-Grid™ for Cloud HR. I believe it reflects our ability to help customers with cloud-based HR transformation that delivers value fast. The digitalisation of work, coupled with the adoption of hybrid and remote work practices has driven real demand for HR platforms like Bob, that can solve for distributed, dynamic workforces and provide a remarkable employee experience. Our priority since inception has been to build the most modern, scalable, and quickly deployable HR platform that meets our customers’ growing need for innovation and automation at the midsize and sub enterprise level. I’m pleased to see it recognised for delivering in this way for customers.” “Congratulations to HiBob for advancing to the Strong Performer zone on the 2022 Fosway 9-Grid for Cloud HR,” said David Wilson, CEO, Fosway Group. “The move reflects the company’s improved market and customer performance and focus on user experience, all of which are driving fast growth across the European market.” The Fosway 9-Grid™ is a unique, multi-dimensional market analysis model that helps buyers of next generation HR, Talent, and Learning  solutions across Europe evaluate their procurement options  based on right fit for purpose,  industry sector suitability, cost and ability to grow with customer needs. It provides an understanding of the market, identifies the high-level actions that can help customer organisations, and aims to provide a practical reference and comparison point for all businesses with varying degrees of operational complexity, fragmentation, and multinationalism.

Uala Web Traffic

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Uala Rank

  • When was Uala founded?

    Uala was founded in 2017.

  • Where is Uala's headquarters?

    Uala's headquarters is located at Nicaragua 4677, Buenos Aires.

  • What is Uala's latest funding round?

    Uala's latest funding round is Angel.

  • How much did Uala raise?

    Uala raised a total of $608M.

  • Who are the investors of Uala?

    Investors of Uala include Emanuel Ginobili, Soros Fund Management, Tencent Holdings, Monashees+, Ribbit Capital and 18 more.

  • Who are Uala's competitors?

    Competitors of Uala include Nubank, stori, MercadoLibre, Creditas, Klar, BNEXT, Prex, TPaga, Neon, Aplazo and 14 more.

  • What products does Uala offer?

    Uala's products include Payments and 3 more.

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