Uala provides a neo-bank and personal financial management mobile application. Its services include transferring money, paying bills, loading credit on prepaid cell phones and transport cards, and more. It facilitates digital financial service providers focused on the unbanked and underbanked. The company was founded in 2017 and is based in Buenos Aires, Argentina.
Uala's Products & Differentiators
We offer a core transactional product base which includes: bill payments, prepaid services, purchases, money transfers.
Research containing Uala
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Uala in 13 CB Insights research briefs, most recently on Aug 7, 2023.
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 Digital Banking.
Companies and startups in this collection provide banking services to consumers and businesses, as well as enhance, automate, and/or digitize operations for banks and financial institutions.
Unicorns- Billion Dollar Startups
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Future Unicorns 2019
Excludes US-based companies
Latest Uala News
Nov 17, 2023
News provided by Share this article Share toX BNPL payments in Latin America are expected to grow by 38.4% on an annual basis to reach US$16.5 billion in 2023. Medium to long term growth story of BNPL industry in Latin America remains strong. BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 26.0% during 2023-2028. The BNPL Gross Merchandise Value in the region will increase from US$11.9 billion in 2022 to reach US$52.5 billion by 2028. The BNPL payment industry in Latin America region has recorded strong growth over the last four quarters, supported by increased ecommerce penetration. This regional report provides a detailed analysis of Buy Now Pay Later (BNPL) industry at regional and country level, covering market opportunities and risks across a range of retail categories. With over 75 KPIs at country level, this report provides a comprehensive understanding of BNPL market dynamics, market size and forecast, and market share statistics. It breaks down market opportunity by type of business model, sales channels (offline and online), and distribution models. In addition, it provides a snapshot of consumer behaviour and retail spend dynamics. KPIs in both value and volume term help in getting in-depth understanding of end market dynamics. Reasons to buy Get a comprehensive understanding of market dynamics for Buy Now Pay Later: Identify market opportunities, major trends, and forecasting (2019-2028). Understand market trends through crucial KPIs like Gross Merchandise Value, Volume, and Average Value per Transaction, to stay ahead of the curve. Insights by end-use sectors: Evaluate new opportunities across multiple end-use sectors, and obtain market dynamics by end-use sectors in order to swiftly catch up with the latest and upcoming developments in BNPL markets. Market-specific strategies: Identify growth segments focused on specific opportunities, and analysing market-specific risks and important trends in the BNPL sector with our exclusive blend of quantitative forecasting and innovative insights. Gain knowledge of consumer attitudes and actions: This report identifies and interprets important Buy Now Pay Later KPIs, such as spend by age, gender, and income level, using data from a proprietary survey. Develop proactive and lucrative business strategies through market intelligence and forward-looking analysis of BNPL market spend and major opportunities in Latin America. This title is a bundled offering, combining the following 7 reports (385 tables and 490 charts): Latin America Buy Now Pay Later Insight Brief Latin America Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook Argentina Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook Brazil Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook Chile Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook Colombia Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook Mexico Buy Now Pay Later Business and Investment Opportunities (2019-2028) Databook Latin America Buy Now Pay Later Market Share Analysis by Key Players Wipei Gross Merchandise Value Trend Analysis Average Value Per Transaction Trend Analysis Transaction Volume Trend Analysis
Uala Frequently Asked Questions (FAQ)
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 Series D.
How much did Uala raise?
Uala raised a total of $608M.
Who are the investors of Uala?
Investors of Uala include Soros Fund Management, Greyhound Capital, Monashees+, Tencent, Ribbit Capital and 18 more.
Who are Uala's competitors?
Competitors of Uala include Albo, Klar, Stori, Destacame, Lemon Cash and 7 more.
What products does Uala offer?
Uala's products include Payments and 3 more.
Compare Uala to Competitors
Klar operates as a financial technology company facilitating deposit and credit services. It offers a mobile application and a debit card that allows users to control their money and avail the benefits of a credit card. The company was founded in 2019 and is based in Mexico City, Mexico.
Neon operates as a financial technology payment platform. It offers services such as loans, investments, digital wallets, and digital account services. It facilitates banking services, savings products like personal financial management tools, and credit cards & loans to individuals and small businesses. Neon was formerly known as ControlY. The company was founded in 2016 and is based in Sao Paulo, Brazil.
Bnext offers a digital financial marketplace. Its users can find alternatives to their financing, investment, and savings needs. The company was founded in 2016 and is based in Madrid, Spain.
Banco Agibank is a financial institution that operates in the banking sector. The company offers a range of financial services including personal loans, consigned loans, and investment services, all designed to facilitate the financial lives of its customers. It primarily serves individuals, offering solutions for various financial needs. It was founded in 1999 and is based in Campinas, Brazil.
Digio is a digital platform focused on financial services. The company offers a range of products and services including a digital account, credit card management through an application, personal loans, and a rewards club. These services are designed to simplify people's relationship with their money. It was founded in 2013 and is based in Barueri, Brazil.
Banco Original S.A. provides digital banking products and services to its customers in Brazil. The company offers current accounts, cards, insurance products, and online and mobile banking services, as well as investment solutions, such as certificate of bank deposits, credit letters, and fixed income funds for private individuals. The company also provides working capital loans, guaranteed account credit, revolving credit limit facilities, export financing, rural product notes, and bank guarantees; fixed income securities, agribusiness credit bills, and derivatives; exchange and cash management services; and investment banking services.